UKRAINE: Steelwork is now being assembled on the site of a US$600m electric furnace plant which will make Interpipe self-sufficient in the production of high quality steel for railway wheel and pipe applications.
The Dneprosteel plant is being built by Danieli under a February 2007 contract.
Interpipe derived 71% of its US$358·4m revenues from export sales in 2007, selling wheels on foreign markets under the KLW brand.
WHEELSETS: Having adopted a single brand for its wheels business last year, Interpipe is emphasising its broad geographical reach. KLW Sales Director Michael Iskov spoke to Nick Kingsley about M&A activity, investment plans and concerns about product approval.
UK: British Steel has opened a £10m rail stocking facility at its Scunthorpe steelworks where the vast majority of rail laid in the UK is made. This provides a central location where rails can be safely handled, stored and made available for loading. When fully stocked ...
