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07 Jan
13:30

Russia’s Novostal-M increases 2021 output, eyes modernisation

Russia’s Novostal-M metallurgical holding increased production in 2021, Kallanish notes. The Abinsky Electrometallurgical Plant (AEMZ) subsidiary produced 1.6 million tonnes/year of steel, up by 13% on-year. The other enterprise, MZ Balakovo, exceeded the mark of 1m t/y, more by 25%. Both producers’ ranges have been replenished with a number of new products and the geography of supplies has also expanded, the holding says. In 2021, AEMZ began pr…
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