Russia: ZTZ sales up in H1 2019

In January-June Zagorsky Pipe Works sold 313 thousand tons of pipes, up 1.5-fold YoY. The main customer of the company was Gazprom. ZTZ has successfully finished testing K65 pipes. In 6 months personnel number has dropped from 1669 employees in January to 1528 in June. The company has spent 1.5 million rubles on social projects.…

Russia: Tagil Steel to build pipe works at Titanovaya dolina SEZ

The special economic zone of the industrial-manufacturing type Titanovaya dolina in Sverdlovsk region has welcomed three new residents, which will operate in the spheres of machine-building, metallurgy and electrical engineering. The combined investments in the projects reach 1.5 billion rubles. In particular, Tagil Steel will construct a plant to produce pipes for construction market. Over…