21
Mar
16:01
OMK plans $177m pipe production investment in Vyksa
OMK intends to invest RUB 12 billion ($177 million) in the development of pipe production at its Vyksa steelworks in the Nizhny Novgorod region, the Russian pipemaker says in a statement sent to Kallanish.
OMK plans to set up a high-tech centre for the finishing of casing pipes and production of oil well tubing in Vyksa. The centre will processing pipes manufactured at the company’s OMK’s Vyksa Metallurgical Plant (VMZ). The investment plans also inc…
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Anonymous
Very good overview of the weekly steel market.
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