Russia: OMK increases oil-and-gas pipe output

OMK intends to create a modern complex to produce oil-and-gas and OCTG pipes. Investments will exceed 40 billion rubles. The new pipe mills will start operating in 2018-2019, while the whole project will be finished by 2022. “Modernization will cover 100% of our OCTG pipe capacities. In April we signed an agreement with Mitsubishi Corporation…

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Ukraine: Metinvest, AMKR and Interpipe to participate in Ukrzaliznytsia scrap sales

Metinvest Group, ArcelorMittal Kriviy Rih and Interpipe intend to take part in the Ukrzaliznytsia tender to sell 84.5 thousand tons of ferrous scrap with the initial price of 417.9 million UAH. In particular, Metinvest reported that its Metinvest-resource, the exclusive supplier of scrap to its companies, would participate in the auction. AMKR confirmed its intention…

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