# Gemont Metal plans $250M cold-rolled metal facility in Alabuga

The supervisory board of the Alabuga special economic area approved a $250 million cold-rolled flat metal products facility to be built by Gemont Metal. The first stage will have a capacity of 770,000 tons annually, expandable to 1.25 million tons.

- Type: New facility
- Announced: 2018-03-12
- Where: Alabuga, Republic of Tatarstan, Russia
- Value: $250.0M
- Starts operating: Q3 2020
- Status: announced
- Capacity: 770,000 tons annually (first stage); 1.25 million tons (full)
- Products: cold-rolled flat metal products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Gemont Metal](https://endata.com/companies/30703.md)

## Sources

- [metalukraine.com](https://metalukraine.com/2018/03/12/russia-cold-rolled-flat-metal-products-facility-planned-in-alabuga-area.html), 2018-03-12: "The supervisory board of Russia’s republic of Tatarstan-based Alabuga special economic area approved a $250 million cold-rolled flat metal products facility to be built by Gemont Metal until July-September 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.