The project of complete modernization of the Vyksa Iron and Steel Works will require $6.94 billion worth of investments.

According to the owner of the company – OMK – it plans to carry out the project in several years, without naming the specific date.

The project presupposes the total modernization of the existing casing pipe manufacture, development of compressor-pump and oil-and-gas pipes, as well as creation of small- and medium-diameter pipes plating. (Ukrainian metal)

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