MOSCOW, February 20 (Itar-Tass) — Russia’s Mechel suspended steelmaking at Targoviste and Ductil Otelu Rosu in Romania as of February 18 due to bad weather conditions, the company said on Monday.
“In recent days due to the heaviest snowfalls in the country and abnormal frosts traffic has been blocked. Enterprises operated using winter steelmaking scrap, which was exhausted. According to meteorologists, the weather will soon allow the resumption of supplies,” director general of Mechel-Stal Andrei Deineko said.
According to earlier reports, on February 15, 2012 Mechel stopped its work at Mechel Campia Turzii and Ductil Steel Buzau due to weather conditions and to raw materials supply difficulties. The work is planned to be resumed on February 22 and February 24.
Mechel is one of the leading Russian companies. Its business includes four segments: mining, steel, ferroalloy and power. The company unites producers of coal, iron ore concentrate, nickel, steel, ferrochrome, rolled products, hardware, heat and electric power.