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02 Feb
16:20

Severstal to invest $1.1 billion in 2023

Russian steelmaker and miner Severstal is set to invest $1.1 billion in a number of major projects in its Severstal Russian Steel and Severstal Resource divisions in 2023. In 2022, the company was preparing to invest $1.6 billion, but spent $982 million, it tells Kallanish. In 2023, the firm will continue to focus on key areas including information technology, industrial safety and the environment, but will also continue to develop and modernise its…
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