07
Sep
01:00
Mechel mulls new steel plant in Russias Yakutia region: reports
Mechel is mulling the construction of a steel plant near iron ore deposits in southern Yakutia, according to Russian press reports quoting Yakutia (Sakha) governor Egor Borisov. Mechel declined to comment on the matter when contacted by Kallanish.
“Mechel has begun to look closely at the iron ore deposits near [Evraz’s 51%-owned Timir iron ore project],” Borisov is quoted as saying. “I think Mechel will be faster and will create a met…
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Anonymous
Very good overview of the weekly steel market.
Anonymous