In January-June Izhorsky Pipe Works, a part of Severstal, decreased sales of its large diameter pipes.
ITZ sold 228 thousand tons of pipes, down by 20% YoY. Most pipes went to Power of Siberia and Ukhta-Torzhok-2 projects, as well as Gazprom repairs.
LDP segment is in the most difficult situation. In H1 Russia produced 1.4 million tons of large diameter pipes, down by 30% YoY. (Ukrainian metal)