Finger Shaft Furnace construction at OJSC Severstal, Cherepovets, Vologda region, Russian Federation

Severstal is the Russian largest steel producer and includes the following segments: steel, pipe, metalware, trade and distribution and services as well as scrap procurement operations. The goal of the proposed Joint Implementation (JI) project is to reduce impact of the steelmaking process on the climate by application of a more energy efficient technology (constructed a new Finger Shaft Furnace). The Finger Shaft Furnace allows optimum usage of energy available in process gases by preheating scrap in a shaft placed above the furnace.

Project owner: OJSC Severstal

Location: Cherepovets, Vologda region

PDD volume of reductions: 3 168 120 tons CO2eq.

Track: 1

State of the project development: During Host country approval/Verification of the first monitoring report

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