SMM: affected by the accident on Sept. 7, Novolipietsk??Steel (NLMK), Russia's largest steelmaker, has suspended iron ore concentrate production at its Stoilensky mine.
According to sources, all of NLMK Group's iron ore concentrate comes from the project, so the company's pig iron and steel production is under threat.
"the conveyor belt corridor used to transport further processed ore at the Stoilensky mine collapsed on Sept. 7," the company said. "production of related products has been suspended, but quarrying operations are continuing."
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