Urals | Industry, manufacturing

VIZ-Steel to invest $53m in modernization in 2011

5 Apr '11
Ekaterinburg-based steel plant VIZ-Steel has announced plans to invest about $53m in its technical re-equipment in 2011, up 2.3 times on 2010.

Under plans, specifically, the funds are to be used to launch production of new products Ė high permeability steel with annual capacity of 70,000 tons.

VIZ-Steel is a part of NLMK group.
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