Ural Mining to start up USD 675 million Russian steel mills in 2013
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Saturday, 07 Jul 2012
Bloomberg cited Ural Mining & Metallurgical Co as saying that the company plans to start up a RUB 22 billion steel mill in Russia’s oil-rich Tyumen region in the first quarter of 2013.
The company said in a statement that Russia largest copper producer, controlled by billionaire Mr Iskandar Makhmudov plans 545,000 tonnes of steel-product capacity a year in Tyumen.
Source - Bloomberg
(www.steelguru.com)
