Serov Metallurgical Plant Restoring Pre-crisis Production Volumes

04.03.2010 — News

THE SVERDLOVSK OBLAST.

A. K. Serov Metal Works JSC (a part of the ferrous metal wing of UMMC-Steel Ltd) is planning to increase production volumes in 2010 by 30%. Coming back to the pre-crisis indicators of 2008 the enterprise will produce 500 thousand tons of commercial rolled metal this year. 

In November-December 2009 the production volumes were 81% up compared to the same period of 2008 but on the whole the indicators last year were 23% lower than 2008.

Andrey Kozitsyn, the Director General of the Ural Mining and Metallurgical Company told RusBusinessNews that the metal works has a complete portfolio of orders for March and that there are orders for early April also.