23
Jan
14:49
Rail wheel demand boom drives OMK's sales higher
Russia's United Metallurgical Co (OMK) Vyksa metallurgical works has increased sales of railway wheels in 2018 by 25% to over 860,000 units, the company says. OMK plans to produce and sell up to 900,000 of rail wheels in 2019, but can produce up to 970,000 units.
Output of rail wheels growth is due to peaking demand from Russian rail car manufacturers and repair companies, along with increased business from the rail car owner companies. OMK has be…
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Anonymous
Very good overview of the weekly steel market.
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