Beloretsk Iron and Steel Works has concluded a contract for the delivery of 12 new drawing benches under the project to modernize its wire-rope manufacture.
The total cost of the purchase exceeds 580 million rubles.
Mario Friegrio S.p.A., Italy will supply the machinery to produce spring, rebar, rope and welded wire.
The machinery will be supplied in three installments until October 2021.
The first batch is expected in Q3.
The annual capacity of the line is 13 thousand tons of wire. (Ukrainian metal)