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16 Feb
12:30

Novostal-M increases output, logistics prices to surge

Russia’s Novostal-M holding, which includes Abinsk (AEMZ) and MZ Balakovo, improved its performance last year, says the company’s general director, Andrey Kruglov. “In 2023, we produced over 3 million tonnes of long products and total sales increased by 38% on-year,” he noted during the Regional Metal Trade of Russia conference held last week in Sochi. “MZ Balakovo set a new record, with 1mt of products shipped to the domestic market.…
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