14
Sep
12:28
Novorosmetal eyes wire rod production by 2020
Russian coastal scrap-based producer Novorosmetal is adding a wire rod mill to its production line, due to be commissioned in early 2020.
The first payment for the equipment has been made this week, and it will take 18 months to the commissioning stage of the 500,000 tonnes/year project, production director Alexander Galchenko tells Kallanish. Danieli has begun supplying equipment, which, according to market estimates, costs around €40-50 mil…
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Anonymous
Very good overview of the weekly steel market.
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