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Uralmashzavod to launch $22.4m steel furnace

05.07.2010

Sverdlovsk region-based machine-building plant Uralmashzavod intends to invest $22.4m building a steel furnace, Interfax reports.

The equipment is reportedly to be supplied by German manufacturer SMS Siemag.

The furnace is scheduled to be put into commission in 2012.

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