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16 Jan

New MMK plants eye engineering products import substitution

Russian steelmaker MMK’s Mechanoremontny Kompleks (MRK) is implementing two large investment projects aimed at replacing imports of engineering products in the Russia and CIS markets, the company tells Kallanish. It is building two workshops, one for foundry and forging products and the other for engineering products. Both projects are being implemented with financial support from the Industrial Development Fund of Russia’s Ministry of Industry an…
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