Another plant to produce high-strength steel wire will be constructed in the MMK industrial park.
MMK, MMK-Metiz, MMK-Industrial Park and Terwingo LLC have signed an agreement on cooperation.
The agreement presupposes the joint work to create the manufacture of wire products.
Investments in the project are estimated at 8 billion rubles.
The new manufacture is scheduled to begin operation in Q4 2020, creating 250 new jobs.
Output is projected at 35 thousand tons per year. (Ukrainian metal)