MANAGEMENT

Midrex and Primetals in Russia HBI plant deal

Metalloinvest to supply iron ore pellets to HBI plant.

 Once built, the plant will have an annual capacity of more than 2 million tonnes of of HBI, and is currently expected to start up in the first half of 2024.

Once built, the plant will have an annual capacity of more than 2 million tonnes of of HBI, and is currently expected to start up in the first half of 2024.

The facilty will be built in Zheleznogorsk in Russia's Kursk Oblast region and operated by Metalloinvest subsidiary Mikhailovsky HBI. HBI is used as a supplement or alternative to ferrous scrap in steelmaking....

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