07
Sep
01:00
MMK projects $212m spending in 2015
MMK plans to invest RUB 14.5 billion ($212 million) in 2015 mainly into developing production. It already spent RUB 5.1 billion in H1, Kallanish learns from the company.
The largest share of funds in H1 was used for the technical modernization of blast furnace No.8. RUB 1.2 billion was spent on this project, with the total cost seen rising to RUB 2 billion upon completion.
Another priority of MMK’s capital investme…
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Anonymous
Very good overview of the weekly steel market.
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