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21 Feb
13:10

OMK eyes seamless pipe production for oil industry

Russia’s United Metallurgical Company's (OMK) Vyksa Steelworks will begin production this year of seamless pipes for the gas and oil industry, the company says. The volume will amount to 500,000 tonnes/year, Kallanish notes. The construction of the pipe rolling shop is a project on a new greenfield site, one of OMK's largest investment projects, it claims. Total investments will be at RUB 50 billion ($668 million). The launch of production wil…
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