According to a statement from BMZ, Belarus' new flats rolling complex in Zhlobin, the future JV between Byelorussian Iron & Steel Works and the leading Italian producer of steelmaking machinery and plants Danieli & C Officine Meccaniche SpA is planned to be constructed within a period of 30 months, with production to be started in March 2014.
Mr Anatoly Savenok general director of BMZ said that "By December 25th 2010, the full business plan must pass all necessary approvals and examinations by the Belarus government. After the decision on construction has been taken, the negotiation process with the banks will be started. The registration of the joint venture can take from nine to 12 months."
(Sourced from Steelorbis.com)