10
Nov
13:32
Abinsk launches new section rolling mill, investments projects
Southern Russian scrap-based steelmaker Abinsk Electric Steel Works is implementing a large-scale investment programme up to 2024, the company confirms to Kallanish.
Total investment amounts to RUB 11.2 billion ($146 million). The programme includes the commissioning of a new section rolling mill by the end of 2020, with a capacity of 500,000 tonnes/year.
Other projects include the development of the hardware complex, and an increase in its own power genera…
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Anonymous
Very good overview of the weekly steel market.
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