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Steel mill progress

15 Jan 2009

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$358ยท4m revenues from export sales in 2007, selling wheels on foreign markets under the KLW brand.