08
Jun
13:13
Balakovo to add universal rail, structural mill
MZ Balakovo, part of the Novostal-M metallurgical holding, is implementing several large investment projects, the company says. This includes expanding production with the construction of a new rail and structural steel mill.
The unit’s capacity will be 1.2 million tonnes/year, Kallanish notes. Total investment in the project is estimated at RUB 45.6 billion ($629 million). The project is expected to be completed by 2025. Construction and installat…
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