09
Nov
15:11
OMK expects drop in demand for railway wheels
Russian pipemaker United Metallurgical Company (OMK), the main manufacturer of railway wheels in the domestic market, expects a prolonged decline in demand, the company confirms to Kallanish.
“This year the production of railway wheels will be significantly less and in 2021 it will be even lower than 2020,” says OMK chairwoman Natalia Eremina. “We are now working with a large surplus of capacity and we will definitely satisfy all the needs of the…
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Anonymous
Very good overview of the weekly steel market.
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