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TOREX restarted production at Amurmetal bought out in January - EastRussia | Far East

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"TOREX" restarted production at the "Amurmetall" bought out in January

On Saturday night, at the only ferrous metallurgy plant Amurmetal in the Far East, at the end of January 2017, purchased by the TOREX group of companies, the first metal smelting took place after the suspension of production. This was reported in the TOREX Group of Companies. The plant was in idle time for about six months, while the transfer of property to the new owner was in progress - the company bought the property complex of the enterprise as part of the bankruptcy process for 2,4 billion rubles. TOREX is engaged in scrap metal trading - according to the group itself, it is the largest trader in the Far East with 53 scrap production and storage sites.


For two days the newly launched plant produced 7 thousand tons of steel billet and 1 thousand tons of finished products. The start-up of production, said Dmitry Bashkirov, the director for the production of the Amurmetall plant in TOREX-Khabarovsk LLC, "was preceded by a lengthy preparatory work." "The EAFP repairs the steelmaking unit, the filling machine, upgraded the rolling shop and the current repair of the oxygen block," the plant representative said. In the message of "Torex" it is specified that at the plant there is one furnace, which is to produce 51 thousand tons of steel for August, and to reach the designed capacity of 1 million tons per year. "Now on weekdays smelting goes on at night, in the weekend stove Works around the clock. This is due to the minimization of the company's electricity costs, "the release said.