Slovakia Steel Mills to launch trial operation of steel, rolling mill in March.

By bne IntelliNews March 4, 2011
Metal manufacturing Slovakia Steel Mill (SSM) would launch trial operation of its new steel mill and a rolling mill in Strazske, eastern Slovakia, this March, SITA news agency reported. the new production units were built on an area of 37ha. The value of the project is EUR 276mn, with the capital investment from the company standing at EUR 236mn while the rest came from service suppliers. The capacity of the mills should increase from the initial 600,000 tonnes per year to 800,000 tonnes per year by 2014. SSM plans to produce and process top-quality structural steel. The number of employees stood at 389. Slovakia Steel Mills was established with the intention of projecting, building and producting mill in Strazske. The Dutch Steel Assets Management B.V. is the sole owner of SSM.

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss