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07 Jun

GTB Steel to build rebar mill in Armenia

Armenian-American company GTB Steel LLC has started construction of a steel plant in Yeraskh, Armenia, the Armenian Ministry of Economy tells Kallanish. The annual volume of production will be 180,000 tonnes. Total investment amounts to $70 million. Almost 200 people already work at the construction site. After the launch of the facility, the number of employees will be 1,000. The mill will have its own meltshop and mainly produce rebar, angles and pipes, the mi…
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Svetoslav Abrossimov  |  Bulgaria
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