Evraz to invest 3 bln rbl in steel facility upgrade at NTMK plant

MOSCOW, Feb 4 (PRIME) -- U.K.-based mining giant Evraz, which operates mainly in Russia,  plans to invest 3 billion rubles in upgrade of a steel-making facility at its Nizhny Tagil Metallurgical Plant (NTMK), the company said in a statement on Thursday.

The upgrade is to be finished until 2023, and will boost the facility’s capacity to 1.8 million tonnes from 700,000 tonnes annually.

(76.0801 rubles – U.S. $1)

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