Metal Supply and Sales Magazine, News of the russian metallurgical industry

Russian ferrous metallurgy news
| 19 Apr 2019 | 15:24

Mechel’s hardware production upgrade project wins state support

Mechel’s hardware production upgrade project wins state support Mechel reports that the Supervisory Board of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a low-interest loan to Mechel Group’s Beloretsk Metallurgical Plant for upgrading its wire and rope production facilities. The project’s cost will total 1.5 billion rubles, with the Industrial Development Fund footing the bill for 50% of this sum, or 750 million rubles. The loan’s maturity is five years. The project includes a large-scale technical upgrade of Beloretsk Metallurgical...
Russian non-ferrous metallurgy news
| 19 Apr 2019 | 15:12

RUSAL and Braidy Industries will construct a green field aluminium rolling mill in Ashland, Kentucky

RUSAL and Braidy Industries will construct a green field aluminium rolling mill in Ashland, Kentucky RUSAL and Braidy Industries Inc., a US-based holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and technology company, announced an intent to establish a joint project in Ashland, Kentucky, USA to produce flat rolled aluminium products for the US automotive industry. The design capacity of the rolling mill will amount to 500 thousand tons of hot rolled band and 300 thousand tons of fully...