OREANDA-NEWS  On 04 December Interpipe announced that construction work at its new electric steel smelting complex, Interpipe Steel, is continuing to develop positively. Interpipe has begun the process of assembling the steel construction of the mill and at the same time is finishing the arrangement of the iron cast-in-situ reinforced foundations of its ferroalloys and friable materials store. In addition, seventy-six metal structures are ready to be assembled in the building’s structure and construction work has been completed on the foundation mat for engines of continuous casting blooms and billets.

Ongoing work is being carried out in the foundations of the raw-material bay, where the scrap metal will be stored and which will provide the raw materials of the future plant. Delivery of materials for the steel-making plant and ferroalloys store has also been made (columns, crane way girder, operating floors).

Currently, there are 300 people working on the construction site and around forty units of building technology. It is expected that the delivery of the unique hoisting crane with a capacity of more than 300 tons for the erection of equipment will be made in the near future. 

Interpipe Steel is the company’s new electric steel mill and will provide Interpipe with self-sufficiency in steel. Interpipe signed a contract with Italian construction company Danieli to build the plant in February 2007. Interpipe plans to invest more than USD 600 million USD in the plant. Interpipe Steel will provide high quality steel for Interpipe’s pipes and railway wheels.

Director at Interpipe Steel, Gennadiy Esaulov, said: “The continued work at Interpipe Steel is positive evidence of the company’s growth plans being realized. We are delighted to announce that several important elements of the new steel-smelting complex are nearing completion.”