You are here: Home > Steel News > Latest Steel News > OEMK...

OEMK invests to expand product range and improve long product quality

Tuesday, 27 September 2022 13:55:14 (GMT+3)   |   Istanbul
       

Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that its subsidiary OEMK has begun the installation of equipment at its section rolling shop No. 1 for monitoring internal and surface defects and straightening hot rolled round and square steel.

The company has invested more than RUB 1.5 billion ($25.73 million) to expand its product range and to improve the quality of long products.

Straightening lines will ensure the straightness of rolled products with an accuracy of 1 mm per linear meter.

“Now the plant will produce both round and square steel for stamping with strict specifications from the customer in terms of geometry. At the same time, the optimization of the production chain will have a positive impact on the cost of our products,” Kirill Chernov, managing director of OEMK, said.


Similar articles

Turkish longs export prices down $10/mt, Balkans targeted currently

14 Nov | Longs and Billet

Romanian long steel prices still stable despite slower trade

14 Nov | Longs and Billet

Ex-Asia wire rod retreats due to weakening in China, traders resume offers in short positions

14 Nov | Longs and Billet

Turkish domestic rebar spot prices decrease significantly

14 Nov | Longs and Billet

Turkey’s Icdas announces its longs prices

14 Nov | Longs and Billet

Major steel and raw material futures prices in China – November 14, 2024 

14 Nov | Longs and Billet

Iskenderun-based Turkish mill raises its longs prices

14 Nov | Longs and Billet

Turkish official domestic wire rod prices follow diverse trends

14 Nov | Longs and Billet

Turkey’s Kardemir announces its wire rod prices for engineering grade products 

13 Nov | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices

13 Nov | Longs and Billet