Russian steelmaker Vyksa Steel Works, a part of
Russia-based
OMK Group, has stated that installation of its new
production facility has started at its first line for anticorrosive coating of large diameter (LD) pipes. The estimated capacity of the new line for the outer coating of pipes is 750 square meters per hour. The completion of the precommissioning and
production of the first tube coated with the new equipment is scheduled for October this year, while the beginning of commercial
production is planned for the first quarter of 2015. Investment in the project will amount to over RUB 2 billion ($55.3 million).