07
Jun
19:27
MMK and Samara government to build automotive hub
The government of Russia’s Samara region and steelmaker Magnitogorsk Iron and Steel (MMK) have agreed to build an automotive steel production and logistics hub in town of Togliatti, the company says.
The facility, which will require an investment of around RUB 1.2 billion ($18.5 million), will begin construction at the end of 2019 and will be completed in the beginning of 2021. It will have a 150,000-tonne total capacity of automotive steel products, which…
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Anonymous
Very good overview of the weekly steel market.
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