Russia’s Ecolant breaks ground on DRI-fed EAF steel plant

Ecolant, a company of Russian steel pipe and railway wheel producer OMK owner Anatoly Sedykh, told S&P Global Platts it has broken ground on Rb150 billion ($2 billion) direct reduced iron (DRI)-fed 1.8 million mt/year EAF mill in Vyksa, Nizhniy Novgorod oblast, central Russia. The design, manufacture and installation of the main process equipment is being carried out by Italian…