Industry Development Fund to finance project of Beloretsk metallurgical plant

Expert Council of the Industry Development Fund (FRP) has approved loans for 985.3 million rubles for the realization of four import-substituting projects, one of which is planned to be implemented by Beloretsk metallurgical plant (BMK, a part of the Mechel group).

BMK will launch production of stranded wire ropes (including polymer-coated) for lifting equipment, load-bearing elements of suspension bridges, coal and mining industry, gas ad oil industry, fishing, boating. At the moment, Russia has no technological possibility of the production of stranded wire ropes of a certain diameter, coated cables are not produced at all.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer