Russian steelmaker Kamensk Uralsky Metallurgical Works (KUMZ) has increased its investment expenditure for 2011 by 3.4 times compared to 2010.
In particular, KUMZ plans to complete the installation of a round ingots foundry system by the end of the first half of this year. The realization of this project will increase the flexibility of the steelmaker's foundry facilities, as well as boost productivity and the quality of products.