09
Feb
13:13
Severstal’s new mill to increase output, quality
Russian steelmaker and miner Severstal will invest in 2021 about RUB 54.3 billion ($733 million) for the development of its Cherepovets Steelworks and other production assets of the Russian Steel Division, the company says.
Severstal will start this year the construction of the new wire mill-170. The RUB 2.6 billion project will enable production of new types of products of higher quality and at a lower cost, the enterprise claims.
More than RUB 500 million will …
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Very good overview of the weekly steel market.
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