21
Feb
14:30
Evraz increases iron ore self-sufficiency
Miner and steelmaker Evraz has started the next stage of a large-scale investment project for the reconstruction of the Tashtagol iron ore mine.
It is expected that after the reconstruction, the production of raw materials at the mine will increase from 2.2 million tonnes/year to 3.25m t/y, Kallanish notes. Total investment is more than RUB 10 billion ($130 million), with completion scheduled in the second quarter of 2023.
At this stage, work is being carried out…
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Very good overview of the weekly steel market.
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