Severstal completed overhaul of blast furnace No. 5

Severstal completed the repair of blast furnace No. 5 Severyanka at Cherepovets Steel Mill. Furnace was shut down for repairs in April this year. Investments in modernization were estimated at ₽37 billion. Capacity of BF-5 is 4.2 million tons of pig iron per year. In 2023, the furnace produced 35% of ChMK's pig iron.