20
Sep
11:45
Chechnya accelerates plans for new rebar plant
The Russian government of the Chechen Republic and Gazstroyprom signed an agreement on the sidelines of the St. Petersburg International Gas Forum for the implementation of an investment project for the production of metal structures, steel sheets, and rebar in Chechnya.
Total investment in the project is estimated at RUB 1.2 billion ($20 million), Kallanish notes. The enterprise will be located on the territory of the Grozny Special Economic Zone.
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Very good overview of the weekly steel market.
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