Russan Pipe Metallurgical Company TMK is implementing the Stainless River investment project to modernize the electric steel-making production at the Volzhsky Pipe Plant. The company will allocate 1.5 billion rubles for technological re-equipment, which will allow the company to produce new corrosion-resistant and stainless steel grades. A vacuum degassing unit and a continuous steel casting machine No 2 will be reconstructed in the electric steelmaking shop of VTZ. Also, the enterprise will organize a site for the acceptance and processing of stainless steel waste. The work on the technological re-equipment of the workshop is planned to be completed in the second half of 2022

 

The contract for the supply of the corresponding equipment worth 1.5 billion rubles was signed at the production site of the ESPC with SMS Concast AG

VTZ First Deputy General Director & Chief Engineer of TMK Mr Vyacheslav Popkov said “With the start of this project, we can talk about the beginning of the creation in Russia of the largest cluster for the production of special steels. These are stainless steel grades austenitic, ferritic, martensitic grades, these are special steels used in various fields of mechanical engineering, as well as steels for the production of pipes for working in aggressive environments.”