Russian industrial group MAIR launched a scrap metal recycling plant in Poland earlier this month, an official with the company's press service told Prime-Tass.
The plant is based at two production sites in the Polish towns of Bydgosh and Gdynya, while the plant's central office is situated in the capital Warsaw.
The plant is to recycle all types of scrap metal.
The plant's current recycling capacity is 20,000 metric tons per month. In two-three years the plant's capacity is expected to reach 500,000 metric tons per year.
As of now MAIR has bought $1 million of equipment for the plant, and plans to invest another $20 million over the next two-three years.
The plant is to supply its output to the Polish plants CMC Zawiercie, CELSA and Huta, and also to export to Spain, Germany and Far Eastern countries.
The MAIR group's scrap recycling plants have a combined capacity of over 800,000 metric tons per month.
MAIR is Russia's largest processor of steel scrap and comprises 35 scrap recycling plants as well as the Sulinsky Metal Plant, the Volgograd Tube Plant, and the Saratov Hardwire Plant.
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