Armenpress: $70 million Armenian-American steelworks under construction in Yeraskh

 17:50, 3 June 2023

YEREVAN, JUNE 3, ARMENPRESS. A major Armenian-American metallurgical plant with 70 million USD investment is under construction in Yeraskh, Minister of Economy Vahan Kerobyan said on social media.

“The plant is a 30-meter high structure with 16,500 square meters area, where the annual output will be 180,000 tons. 200 workers are already employed there, and after its launch the number of workers will be 1000,” he added.