Em-Kat LLC (Saransk) intends to invest 559.8 million rubles in the modernization of the wire rod manufacture. Of these funds 300 million rubles will be provided as a loan by the Fund of the Industry Development. Em-Kat plans to construct a new shop and assemble additional lines. This will help increase output to 15 thousand…
In May iron and steel works in CIS countries increased wire rod price to $595-600 per ton FOB Black Sea from $580 per ton, according to Platts. Rebars became $20 more expensive ($560 per ton). The gap between prices of wire rod and rebars has widened to $35 per ton. One of CIS works has…
The Republic of Mordovia has put into operation a new metal manufacture, specializing in aluminum and copper wire rod. The complex is situated on the territory of Saranskcable and will reach the full manufacturing capacity in April 2018. Its capacity is 10 thousand tons of aluminum wire rod and 5 thousand tons of copper wire…