Russia: VSMPO-Avisma to have profit tax cut

The authorities of the Sverdlovsk region and the VSMPO-Avisma Corporation have concluded a special investment contract until 2023. According to the agreement the corporation will carry out modernization of its rolling complex in the city of Verkhyaya Salda valued at over 1.2 billion rubles. Following the modernization new jobs will be created and the titanium…

Russia: Evraz ZSMK assembling ladle crane

Evraz ZSMK has started assembling a new ladle crane in its converter shop No. 2. The machinery has been produced by Uralmashzavod. The representatives of the customer were present at the machine-building works during the control assembly and testing. The machinery works faultless. The main units of the crane have been shipped to Evraz ZSMK.…