Uralmash Machine Building Corporation and ChMK (part of Mechel Group) signed a strategic partnership agreement regarding the upgrade of ChMK’s metallurgical equipment in 2008-2010.

The spokesperson for the corporation reports the two parties appear to be interested in a number of joint projects related to modernization of metallurgical machinery and manufacturing of spare parts for blast furnace, steel-smelting, and rolled metal production shops and oxygen-converter plants.

For one, the two companies are planning to restore CC machine No. 2 and blast furnaces No. 3 and No. 5, and to come up with some agglomeration equipment that is believed to raise productivity from 4.5 million tons to 6.5 million tons of agglomerate a year, the spokesperson for Uralmash Machine Building Corporation says.