Far East | Industry, manufacturing

Amurmetal goes belly up

10 Jun '09
Metal-roll maker Amurmetal in Komsomolsk-on-Amur has announced it is legally going out of business.

According to the companys report, Amurmetal is losing an average of $5.8m each month to adverse market conditions.

As of now Amurmetal in Khabarovsk Region remains the largest metal-roll producer in Russias Far East.
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