Russia: ChTPZ railroad sales down in October 2018

In October ChTPZ shipped 61.2 thousand tons of metal via railroad, down by 41.4% YoY.

In January-October sales reached 931 thousand tons, up by 1.9% YoY.

Deliveries to Russian customers totaled 764 thousand tons, up by 18% YoY, while exports fell by 37.2%, to 166.8 thousand tons. (Ukrainian metal)

Russia: ChTPZ decreases energy expenses

In January-June ChTPZ enterprises saved 70 million rubles under the program to improve energy efficiency. The largest project to decrease energy resources consumption was the creation of the new substation. Investments totaled 220 million rubles. The economical effect will reach some 50 million rubles per year. 5 main shops have been switched to modern LED…

Russia: ChTPZ net profit up in H1 2018

In January-June ChTPZ received 5.621 billion rubles of net profit, up 2.7-fold YoY. The adjusted EBITDA grew by 48%, to 16.238 billion rubles. Revenue went up by 31%, to 94.941 billion rubles, and gross profit – by 36%, to 23.477 billion rubles. The company net debt grew by 8.6% and as of June 30 amounted…

Russia: ChTPZ profit up in Q2 2018

In April-June ChTPZ received 5.574 billion rubles of net profit, up from 1.35 billion rubles in Q1. In H1 net profit reached 6.927 billion rubles as opposed to the loss of 864 million rubles a year earlier. Revenue in Q2 dropped by 1% QoQ, to 35.79 billion rubles. H1 revenue increased by 33% YoY, to…

Russia: ChTPZ ships first batch of pipes for Vostochniy launch site

ChTPZ has delivered the first 130 tons of seamless pipes to Tyazhmash.

The pipes with the diameter of 426 mm and the wall thickness of 25 mm will be used to construct a tower and a set of cargo-lifting machinery of the Vostochniy launch site.

ChTPZ has been cooperating with Tyazhmash since 2010. (Ukrainian metal)

Russia: ChTPZ decreases sales in May 2018

In May Chelyabinsk Pipe Rolling Plant decreased railroad sales by 1.9% YoY and by 10% MoM, to 101.5 thousand tons. In January-May sales grew by 23.2%, to 560.8 thousand tons, with deliveries to domestic customers up by 53.2%, to 450.6 thousand tons, while exports dropped by 31.6%, to 110.2 thousand tons. In April ChTPZ increased…

Russia: ChTPZ to supply LDP for Gazprom strategic projects

Gazprom chairman Alexei Miller and Chelyabinsk Pipe Works chairman Andrei Komarov discussed cooperation.

In particular, they spoke of the large diameter pipe supplies.

They also discussed development of pipes for sea deposits and new types of joints.

The companies have a program of cooperation in 2015-2020. (Ukrainian metal)

Russia: ChTPZ and SAP to cooperate

During the St. Petersburg International Economic Forum, ChtPZ Group and SAP CIS have concluded a memorandum of cooperation in digital transformation. According to the document, in 2018-2025 ChTPZ plans to unify and increase efficiency of its business processes with the help of a unified system on the basis of SAP S/4HANA. “Digital transformation is a…

Russia: ChTPZ rebrands OCTG thread joints

ChTPZ has carried out rebranding of its pipes with premium thread joints. Now on the Russian market these products will be represented under a combined name of ChTPZ Prime, and on the foreign market – Chelpipe Prime. “The rebranding is a part of the company strategy to develop and promote new types of products. Under…

Russia: ChTPZ scrap sales down in 2017

In 2017 the Meta Group of Companies, a part of ChTPZ, sold 1.32 million tons of scrap, down by 2.5% YoY, including 829 thousand tons of its own procurement, up by 69 thousand tons, and 491 thousand tons of transit scrap. Among the group participants the sales growth leaders were Vtorchermet (+30.7 thousand tons), Meta-Chelyabinsk…

Russia: ChTPZ ships LDP to Uzbekistan

ChTPZ has supplied some 6 thousand tons of large diameter pipes to Uzbekistan. The customer was Enter Engineering, one of the leaders of the Central Asia oil and gas construction market. The pipes with the diameter of 1020 mm and the wall thickness of 10 mm and outer three-layer corrosion-resistant coating were made of K52…