Jindal Stainless to build steel mill in Leningrad
02 Aug 2007
Jindal Stainless Ltd is planning to build a 400-metric tonne steel mill to manufacture stainless steel sheets at an investment of $60-million in Leningrad, reports Itar-Tass.
According
to Grigory Davs, deputy governor, Leningrad region, the
Jindal Stainless project fitted into the investment policy
in the region where.
Ford, Toyota and other automakers have either already located or are in the process of building automotive plants in the region.
Davs
also indicated that a plot for the proposed steel mill
would be made available by next week.