One of the largest metallurgical plants in Russia was transferred for a part of financial problems

Chelyabinsk Electrometallurgical Plant (the largest ferroalloy producer in the Russian Federation, from September 1, switches to a four -day working week. The leadership of the Chemk, which was nationalized in 2024, substantiates the need for such a measure “significant volatility of the currency course”, “adverse conditions” in the ferroalloy market, as well as a substantial reduction in demand from the part of consumer companies