Evraz planning $32-miIlion Pueblo rail mill expansion

摘要

Evraz Plc is planning a $32-million investment at its Pueblo, Colo., rail mill to boost output by 10.5 percent to 580,000 tonnes annually. "We are now making some investment in Pueblo, which should give us (a) material increase in production," Alexander Frolov, chief executive officer of the London-based company, which owns Evraz Inc. North America, Chicago, said during an April 11 conference call to discuss the steelmaker's 2012 results. Production at Pueblo is expected to be around 500,000 tonnes this year, "with (a) further increase in 2014."