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Fire at blast furnace

31st Jan 2008 13:14

OAO Severstal31 January 2008 Severstal announces a fire at blast furnace five at its Cherepovets steel plant OAO Severstal announces that today at approximately 11:20 am, a fire at blastfurnace five at its Cherepovets steel plant has resulted in the death of aSeverstal employee and injury to two others who, though not in criticalcondition, are being cared for in hospital. The fire has been extinguished butoperations at the blast furnace have been suspended pending an investigation. Early indications are that the fire may have been the result of the dispersaland subsequent ignition of the furnace's roofing material caused by the openingof the third Cowper stove in the upper part of the furnace. No explosionoccurred at the furnace. Severstal will provide further updates concerning the accident as they becomeavailable. This information is provided by RNS The company news service from the London Stock Exchange

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