EVRAZ Greenlights Rail Mill Construction
08/10/2020 - EVRAZ plc’s board of directors has given the go-ahead to the company’s proposed US$480 million long rail mill at its Pueblo, Colo., USA, steel plant.
The company revealed that it has received the construction green light in announcing its first-half 2020 earnings.
Colorado Gov. Jared Polis applauded the decision.
“I’m thrilled that the steel mill’s new expansion has passed this important milestone. Pueblo workers have been making the world’s best steel for nearly 140 years and with this addition, Pueblo’s next generation of steelworkers can count on good-paying jobs well into the future,” Polis told The Pueblo (Colo.) Chieftain.
The mill will make 100-m lengths and have the capacity to produce 630,000 metric tons annually.