railway wheels - Latest news GMK Center

Capital investments in steelmaking production amounted to $7 million, in pipe production – $8 million

In May-June, capacities for the production of pipes were loaded by 60-70%, and railway wheels – by 45-50%

The company has already shipped the first, experimental batch to the customer

Ukraine provided up to 70% in EU freight railcars wheels market

Importing component parts in transit through Ukraine is also banned

The EEC has canceled the 34.22% anti-dumping duty

The project is designed to help increase the metal products output

Demand in the railway wheels market has stabilized after a peak in 2019

Sales totaled 798 thousand tons

The Company made a breakthrough owing to its railway products segment