Russia: MMK modernizing bar rolling mill

Magnitogorsk Iron and Steel Works has concluded an investment contract with Danieli & Officine Meccaniche S.p.A. on the modernization of the 170 two-thread mill in the bar shop. The price of the contract is 5.5 million euros. The project is expected to be concluded in 2019. The project presupposes the modernization of the cooling rolling…