Volga | Industry, manufacturing

Ruspolymet to launch $50m forging line

21 May '10
Nizhny Novgorod region-based steel rings manufacturer Ruspolymet intends to invest $50m building a forging line, news agency RIA Novosti reports.

Under plans, the line to forge bars, produced by the plant, is to supplied by Italian firm Danieli.

The project is reportedly to be 67% financed with a loan from Sberbank.
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