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23 Jun
13:20

Novostal-M eyes more production, mill construction delayed: reports

Russia’s Novostal-M holding, which includes Abinsk (AEMZ) and MZ Balakovo, plans to increase production volumes in 2023, says company head Ivan Demchenko. “Last year we produced 2.8 million tonnes of products, which is 400,000 tonnes below the maximum volumes that we can produce at our production facilities,” he told Russian state agency Interfax on the sidelines of the St. Petersburg International Economic Forum last week. “Compared to 202…
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