18
Feb
16:02
Severstal outlines $1.6 billion spending for 2022
Russian steelmaker and miner Severstal will invest in 2022 around $1.6 billion into major projects at its steel and resources divisions, some 38% more than in 2021.
The investments will include key focus strategy areas such as customer service excellence, cost leadership and new opportunities, the company says in a statement sent to Kallanish.
The firm will invest around $878 million in various development projects that will improve environmental a…
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Anonymous
Very good overview of the weekly steel market.
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