06
Jun
15:15
Severstal to invest $112.5m to increase pipe production
Russian steelmaker Severstal will invest RUB 10 billion ($112.5 million) into pipe production at the company’s Kolpinsky mill near St. Petersburg, it tells Kallanish.
Severstal chairman Alexey Mordashov and St. Petersburg governor Alexander Beglov signed a cooperation agreement during the St. Petersburg International Economic Forum on Thursday to increase production volumes and improve quality of thick sheet and large-diameter pipe (LDP).
Within five years,…
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Anonymous
Very good overview of the weekly steel market.
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