12:16, 27 February 2020

OMK Sets Record for Train Wheels in 2019

United Metallurgical Company OMK, a Metal-Expo regular exhibitor, subsidiary Vyksa Steel Works in Nizhniy Novgorod Region has increased train wheel production in 2019. At the end of the year, the total number of wheels produced was 951,000 which is up 11% with respect to 860,000 in 2018. This is the highest number yet in the facility’s train wheel rolling history.

Exports were at an all-time low in 2019. In particular, sales outside the Newly Independent States were a third of their 2018 levels. The share of export contracts in OMK's portfolio is about 1.5% at this time. If one were to make a comparison with the time of low domestic demand and low utilization of VSW's wheel rolling facility in 2015 through 2017, the 2019 exports amounted to as little as a fifth of their former values.

United Metallurgical Company (AO OMK) is one of the leading Russian manufacturers of products for top energy, transport and industrial companies. The company produces steel, rolled products, pipes, pipeline valves and fittings, railway wheels and automotive springs.

OMK consists of five large metallurgical enterprises: Vyksa Steel Works (AO VMZ, Nizhny Novgorod region), Almetyevsk Pipe Plant (AO ATZ, Republic of Tatarstan), Chusovoy Metallurgical Works (AO CMZ, Perm region), Trubodetal (AO Trubodetal, Chelyabinsk region), Blagoveshchensk Valves Plant (AO BAZ, Republic of Bashkortostan).

New on the topic

Electronic registration now open for the June Castings and Metal Structures Exhibition complex

The electronic registration for the specialised exhibitions Metallurgy.Russia'2024 and Litmash.Russia'2024, as well as the forum for manufacturers of metal structure...

22 March, 16:13

Stainless steel consumption in Russia increased by 27%.

The association 'Spetsstal' has reported that the visible consumption of the main types of stainless steel products in Russia increased by 27.3% to 661.9 thousand tonnes in 2023, compared to 2022. This represents an ...

20 March, 13:33

Mechel PAO (MOEX: MTLR), has summarised its production and sales results for 2023.

Mechel PAO (MOEX: MTLR), a prominent Russian mining and metals company, has released its operating results for Q4 and 12M 2023. Oleg Korzhov, Chief Executive Officer, stated that the averag...

28 February, 12:48

Stocks of non-ferrous metals from Russian Federation on the LME increased 2.5 times

In 2023, the stocks of non-ferrous metals from the Russian Federation on the London Metal Exchange (LME) increased significantly. It is worth noting that traders primarily engage in tradin...

02 February, 15:56
Subscription to newsletter