The Ukrainian Metal

Ukraine: Interpipe invests $250 million in pipe-wheel manufacture

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)

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