Kazakhstan: AMT to invest 305 billion tenge by 2020

According to the agreement with the Karaganda region authorities, ArcelorMittal Temirtau will have invested 305 billion tenge in its manufacturing assets by 2020. This is the largest investment volume since 2010. The money will be invested in the output increase, product quality improvement, environment and labor conditions improvement, as well as sustainable development. In 2018…

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Russia: Amurmetal planning development

In January-June the works previously known as Amurmetal and controlled by Torex-Khabarovsk LLC produced 264 thousand tons of rolled metal. The company is developing – it invests in modernization, prepares the manufacture of a new rebars standard and has concluded an agreement with Posco Daewoo on the supply of 300 thousand tons of billets. Since…

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