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Published on: 7/16/2007
Last Visited: 7/17/2007
Anatolyi Kruchinin, general director of Severstal's Cherepovets Iron and
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"The Russian construction market keeps growing," said Kruchinin, adding:
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Anatolyi Kruchinin, general director of Severstal's Cherepovets Iron and Steel Works, and the governor of the Saratov Oblast, Pavel Ipatov, will agree to co-operate on the reinforcing steel mini mill in the municipal unit Bykovo-Otgorskoe.
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"The Russian construction market keeps growing," said Kruchinin, adding: "Over the last year alone, the use of reinforcement in Russia increased by 30%.The Saratov region and the Privolzhsky market have a shortage of bar product ... Even today, quality heat strengthened reinforcing steel, grade A 500 C, which is in maximum demand on the market, accounts for about 80% of total shipments to Russian construction companies."According to Kruchinin, CherMK Severstal and Trade House Severstal-Invest supplied about 1.5 million mt of metal products to the construction market in 2006.