20
Jul
13:46
OMK orders seamless pipe mill from Danieli
OMK has contracted Danieli to supply a new 500,000 tonnes/year seamless pipe plant for Vyksa Steel Works, with commissioning scheduled for 2021, Kallanish learn from the Russian pipemaker.
The unit will be supplied as part of a RUB 40 billion ($630.5 million) investment that will also see the Italian technology supplier provide a finishing center with quality control, and finishing and heat treatment line. The purchase from Danieli of the latter units …
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Very good overview of the weekly steel market.
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