Russian iron ore and steel producer Metalloinvest’s Ural Steel plant produced and shipped strip made of K52-D steel of increased cold resistance for the Russian Chelpipe company, part of TMK, the steelmaker says.

The consignment is intended for the construction of the Markovskoye oil and gas condensate field of the Irkutsk Oil Company in the city of Ust-Kut.

The delivery of high-cold-resistance strip with a volume of more than 6,000 tonnes was made in compliance with the requirements for impact strength KCV at a temperature of minus 60 Сelsius, Kallanish notes. The norm for impact toughness relative to the standard test temperature of strip of this strength class minus 20 Celsius was doubled.

Despite the stringent requirements for rolled metal, Ural Steel successfully coped with the task and ensured the supply of high-quality steel on time, the enterprise claims.

Metalloinvest raised iron ore output in the first half of the year, but decreased steel and pig iron production (see Kallanish passim). Crude steel production was down by 2.3% on-year in H1 to 2.48 million tonnes and hot metal output was down 8% to 1.16mt. Iron ore production increased by 1.2% on-year to 20.4mt. Pellet production remained flat on-year to 14.2mt.

Metalloinvest saw revenue surge 64.7% on-year in the first half to $5.06 billion, with net income more than tripling to $2.17 billion on higher demand and prices.