Russian Mining and Metallurgical company, a subsidiary of Ukrainian steel producer Industrial Union of Donbass (ISD), is nearing the completion of the construction of a new steel structures plant in Russia's Krasnodar city, planning to commission the plant in May-June this year.
The new plant will have the annual capacity to produce 106,000 mt of steel structures, including power transmission towers and road fences, and more than 2.3 million square meters of reinforcing mesh, and will have the capacity to hot dip galvanize 36,000 mt of steel structures annually.
The investment in the project has amounted to more than Ruble 2 billion (about $68.5 million).
New steel structures plant to be commissioned in Krasnodar, Russia
Similar articles
Brazilian slab export prices fall for second week though remain near 2-year highs
15 Jun | Flats and Slab
Local Turkish ex-mill and spot rebar prices slide amid weaker scrap, slack demand
15 Jun | Longs and Billet
Local Chinese longs prices fluctuate within limited range, high costs prevent drop
15 Jun | Longs and Billet