U.S. Steel Serbia kicks off construction of USD 51mn facility.

By bne IntelliNews January 6, 2011
U.S. Steel Serbia started construction of a facility for pulverized coal injection under a USD 51mn investment, emportal.rs reported, citing USSS general manager Matthew Perkins. The new facility will meet the modern environmental protection standards, Perkins added. According to earlier reports, this system will allow USSS to reduce coke consumption by some 25% and thus cut production costs. Coke is used as a raw material for the production of steel and iron. USSS operates units in the Serbian towns Smederevo, Sabac and Kucevo. The company manufactures and sells hot and cold rolled sheet products as well as tin mill products shaped as coils and sheets. United States Steel Corporation acquired bankrupt Serbian steel company Sartid back in 2003.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

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