Ural Mining to Start Up $675 Million Russian Steel Mill in 2013
By Ilya Khrennikov -
2012-07-05T13:14:28Z
Ural Mining & Metallurgical Co. plans to start up a 22 billion-ruble ($675 million) steel mill in Russia’s oil-rich Tyumen region in the first quarter of 2013, Chief Executive Officer Andrey Kozitsyn said.
Russia’s largest copper producer, controlled by billionaire Iskandar Makhmudov, plans 545,000 metric tons of steel-product capacity a year in Tyumen, the company said in a statement.
To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net
To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net
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