News » January, 2011 » 17 January 2011
Mechel set to finalise 36m-euro investment in Oţelu Roşu in Q1
17.01.2011, 23:42 | Business | 913 views
Mechel Russian group, which owns four steel plants in Romania, announced it is about to complete investment of around 36m euros in the Oţelu Roşu foundry, part of Ductil Steel Buzău company, with a capacity of 810,000 tonnes of unprocessed steel per year. This is the biggest liquid steel production facility Mechel holds in Romania and it will supply all complexes of the group with raw material. Mechel also owns a foundry in Târgovişte cu a capacity of 500,000 tonnes of unprocessed steel per year. Read more on ZF.ro
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