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07 Jun
16:38

OMK to build 'first-in-Europe' green steel mill

Russia's United Metallurgical Company (OMK) has signed an agreement to build Russia's first full cycle green metallurgy complex, “Ecolant”, the company says. The project will be financed by Russia's three main banks – VEB, Sber and Otkrytie. The company will benefit from the special SPIK 2.0 investment scheme aimed at stimulating investment in industrial production in Russia. The investor must guarantee using best technologies in the …
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