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…

Ukraine: pipe exports up in H1 2019

In January-June Ukraine decreased pipes exports by 10% YoY, to 327.8 thousand tons, valued at $361.3 million, up by 9.7%. According to the State Fiscal Service, the share of pipe exports in the overall volume of foreign trade reached 1.48%. Ukraine exported 244 thousand tons of seamless pipes valued at $307.9 million, 73.5 thousand tons…

Ukraine: VostGOK merged with Energoatom

The Cabinet of Ministers has approved the merger of Vostochniy Mining and Processing Works with the national nuclear power company Energoatom. The Prime Minister Vladimir Groysman has ordered the developers of the project to work it out till the end. VostGOK is the only uranium ore miner and uranium concentrate processor in Ukraine and the…