Vyksa metallurgical plant increased pipes production by 43%

​“Vyksa metallurgical plant” JSC (VMZ, in the structure of OMK CJSC) in Q1 2015 produced 520.4 thousand tons of pipes- by 43% more against Q1 2014. The output of railway wheels fell by 56%, CEO V. Markin, said.

According to him, the growth of pipe production is due to the rise of supply volume for the strategic partners of OMK – Gazprom and Transneft. He said that in Q1 the company shipped pipes for such projects as Power of Siberia and Bovanenkovo-Ukhta. The fall of railway wheels output is explained by the fall of demand and a negative influence of dumping supplies of the Ukrainian wheels.

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