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).