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Wednesday, December 4, 2024

SIJ Metal Ravne launches new ESR plant worth EUR 6.8 million

By: J.S., STA

SIJ Metal Ravne, the second largest subsidiary of the Russian-owned steel group SIJ, has completed the investment into a new electro-slag remelting plant, worth EUR 6.8 million.

The investment was officially launched today and will help the company respond to the increased demand from the world’s most intensive industries. Economy Minister Počivalšek said this is “a bold step for the SIJ Group, which will contribute to further growth”, and stressed that the group was one of the largest Slovenian exporters and one of the most important employers.

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