Zaporizhya Ferroalloy to Invest USD 113 mln in EAFs & Energy Saving

10 April 2008

According to Interfax, quoting Zaporizhya Ferroalloy (ZFER: HOLD) Chairman Pavel Kravchenko, the company will invest USD 112.9 mln in new electric arc furnaces and energy saving technologies from 2008 to 2010. Kravchenko said that plant is holding a tender to select equipment suppliers.

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