Ispat Tepro increased production by 255%

Ispat Tepro increased production by 255%

Romania based pipe producer Ispat Tepro has recorded 255% increase in its production in the second half of 2003-2004 financial year against the first half of the fiscal. As previously reported by SteelOrbis, the Romanian producer was taken over by LNM Group in July 2003. The increase in the production is attributed to investments made to the mill by LNM Group. In the second half of 2003-2004 fiscal year, Ispat Tepro produced 51'000 tons of pipe products, operating at 70% of its full capacity.