Is Amurmetal ready to compete in Asia?

An investment project of OJSC “Amurmetal” (the only steel company on the Far East) considers a development of 611.689 million roubles in 2013. The investment programme also comprises the construction of a carbon-containing powder department and the launch of an electrolysis plant. “Amyrmetal reduced liquid steel smelting by 10% to 675 thousand tons in 2012 against 2011. The total shipment of metal products in 2012 made up 667.6 thousand tons. It is by 6% less than in 2011. In 2012 there has been shipped 240.6 thousand tons of rolled steel to the domestic market. It is by 1% less than in 2011.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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