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01 Mar
15:09

Vyksa Steel hikes output 22% despite 'difficult' economy

OMK’s Vyksa Steel Works increased welded pipe production by 22% on-year in 2015 to 2.2 million tonnes, Kallanish learns from the firm. Large diameter pipe (LDP) output alone was up 30% to 1.3mt, but railway wheels production declined -30% to 316,000 units. The encouraging pipe output is attributed by the firm to strong consumption of pipe in Russia. OMK cites Fund for the Development of Pipe Industry of the Russian Federation figures that show Russian p…
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