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26 Mar
00:00

HPK Engineering assumes Serbian steelworks' management, seeks to double output

HPK Engineering has taken over the management of Serbian state-owned steelworks Zelezara Smederevo after the government signed a contract with the Dutch-registered firm. The plant now aims to double its production in 2015 from last year’s finished steel output of 560,000 tonnes, Kallanish learns from the Serbian government. Talks are currently ongoing over the procurement of raw materials and establishing a steel sales plan. “We can show that we …
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