OREANDA-NEWS. The results of work in March 2013 have shown that the innovative mill, INTERPIPE STEEL, produced approximately 110 thousand tons of steel. Such an achievement has been the result of the scheduled increase in the capacity of the new mill. The production of round steel billets in January was 88 thousand tons, while in February – approximately 90 thousand tons.

The designed capacity of INTERPIPE STEEL is 1 million 320 thousand tons of steel a year. The mill plans to reach the designed monthly production rates in 2013, while the yearly rates will be achieved in 2014.

"We can observe the positive dynamics in the mill’s work as production volumes rise month by month. Employees have become proficient in both equipment and technological processes and we feel confident that the mill’s staff is therefore ready to complete the scheduled production program" Gennadiy Yesaulov, INTERPIPE STEEL Manager, has commented.

As a reminder, INTERPIPE STEELproduced the first 500 thousand tons of steel billets in Januaryand plans to produce the millionth ton by the second quarter of 2013.