# OMK invests $2B in DRI plant and meltshop at Vyksa Steel Works

Russian steelmaker OMK is investing $2 billion in a new direct reduction plant and electric arc furnace-based meltshop at Vyksa Steel Works. The DRI plant, ordered from Danieli, will produce 2.5 million tonnes per year of Direct Reduced Iron.

- Type: Investment
- Announced: 2020-09-04
- Where: Vyksa, Russia, Russia
- Value: $2.00B
- Status: announced
- Capacity: 2.5 million tonnes per year of DRI
- Products: Direct Reduced Iron, slabs, seamless pipe, rail wheels
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [OMK](https://endata.com/companies/1118.md)
- [Danieli](https://endata.com/companies/15743.md) (supplier)

## Sources

- [metal-expo.ru](https://www.metal-expo.ru/en/news/4017), 2020-09-04: "The new direct reduction plant ordered by the Russian steelmaker OMK will be installed at Vyksa Steel Works."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.