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23 Aug
16:52

Hesteel Serbia's production rises in first-half 2017: Vucic

Flat steelmaker Hesteel Serbia's (HBIS Serbia) output has increased on-year in the first half of the year, according to Serbia's president Alexander Vucic. China's HBIS, the owner of Hesteel Serbia, has managed to raise production at the Smederevo steelworks to 700,000 tonnes in H1 from 410,000t a year ago, Vucic says in a video monitored by Kallanish. The Chinese steel major is also increasing the headcount of the Serbian plant. At present it has…
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