-(1)-Reinhausen-(1).jpg?lang=en-US&ext=.jpg)
Mechel Suspends Operation of Two Romanian Plants Due to Weather
02/16/2012 - Mechel OAO reports that work was temporarily halted at Mechel Campia Turzii and Ductil Steel Buzau plants due to problems with shipping in raw materials because of severe weather conditions.
Mechel OAO reports that work was temporarily halted at Mechel Campia Turzii and Ductil Steel Buzau plants due to problems with shipping in raw materials because of severe weather conditions.
The two plants were cut off from major transport roads over the past few days due to ceaseless snowstorms, as travel of heavy-duty trucks along Romania’s routes has been halted or limited and railway operations are also severely limited. All this made it impossible to supply billets to Mechel Campia Turzii and Ductil Steel Buzau.
Ductil Steel Buzau and Mechel Campia Turzii are due to resume operations on February 22 and 24, respectively, once the snowstorms’ effects have been eliminated.
Chief Executive Officer of Mechel-Steel Management Company OOO Andrey Deineko commented on the situation by noting that the temporary halting of Mechel’s two Romanian steel plants will not affect the company’s production plans for the year.
Mechel, one of Russia’s leading companies, conducts business in four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, ferrochrome, ferrosilicon, steel, rolled products, hardware, heat and electric power, and its products are marketed domestically and internationally.
