Lately Interpipe has invested some $250 million in its pipe-wheel manufacture.
“We have invested almost $100 million in the manufacture of railroad products and around $150 million in pipes”, Interpipe corporate issues director Dmitry Kisilevsky declared.
Earlier it was reported that Interpipe commissioned additional capacities on wheel treatment. Investment totaled $8 million.
The new capacities will increase wheel output for exports from 33 to 49 thousand tons per year. (Ukrainian metal)