OMK | 24 July 2007 г. | 12:08

Trubodetal to Invest $23 mln in Built-Up Steel T-Joints Manufacture

Trubodetal has begun to carry out an investment project on building facilities for built-up steel T-joints manufacture. The goal of the project is to master new types of products: low pressure (1.6-5.6 MPa) and high pressure (9.8-15 MPa) T-joints. Since high pressure T-joints are not produced in Russia, the demand is met only due to imports. Trubodetal will become the first Russian enterprise producing T-joints.

$23 mln will be invested in the project. The project deadline is 23 months; the payback period is 3-4 years. Another goal of the project is to increase competitiveness by reducing metal requirement and labor input. This will help to save up to 60% of metal.

Source: Metal Supply and Sales
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