08
Dec
15:13
MMK eyes $4.3 billion capital investments, EAF-DRI, syngas
Russian steelmaker MMK has published a forecast for capital investments for the next five years.
Taking into account the current year, the company plans to allocate up to $4.3 billion for these purposes, Kallanish notes. MMK will increase average annual capex to about $1.25 billion in the period from 2022 to 2025, company chairman Viktor Rashnikov said during its Investor Day on Wednesday.
Among the key new projects are the construction of the continuous casting …
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Anonymous
Very good overview of the weekly steel market.
Anonymous