Mini-mills may take about 40% of the Russian metal market
Edited by Rhod Mackenzie / 2014-06-17 06:28:11
Metallurgical mini, micro and nano-plants may take about 40% of the Russian metal market in the near future. It is said about in the article “Vogue for mini”, published in the magazine “Metallosnabzheniye i sbyt”. About 10 mini-plant construction projects of a total 3 million tons of steel production capacity are under discussion and being realized to date. At the same time, investors rejected the implementation of 12 projects of a total 5 million tons of production capacity. Prospective owners fear that even today the supply exceeds the demand by 6 million tons
