Russia: Karelsky Okatysh to raise investment in production in 2019
Karelsky Okatysh, a subsidiary of the Russian steelmaker Severstal, plans to raise investment in production by 50% YoY, or by 2.8 billion rubles, to 8.4 billion rubles in 2019, the company said. Karelsky Okatysh plans to spend the money on construction of a conveyor facility in the central open-pit mine that should make transportation of…