Mechel has tripled the output of steel rolled profiles in its local production facility Laminorul Braila to 164,099 tonnes in 2010, Bursa daily reported, quoting a company report. The performances of Mechel's other local plants increased too over the year. The crude steel production at Mechel Targoviste rose by 38% y/y to 827,371 tonnes and returned to the levels before the slump in demand that occurred in late 2008. The volume of hot rolled goods also increased by 46% y/y to 855,760 tonnes. The group's local output of steel wires, manufactured at Mechel Campia Turzii, accelerated by 38% y/y to 152,180 tonnes. The group announced that it will commission a new steel casting facility at Ductil Steel Otelu Rosu in Q1. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more