A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Anatoly Sedykh, Chairman of the Management Board of United Metallurgical Company (OMK), took place in Moscow. It was noted that the long-term cooperation between the companies had strategic importance. Pipe products made by OMK comply with high standards and requirements set by…
In January Voestalpine supplied 24 thousand tons of plate to Vyksa Iron and Steel Works, a part of OMK. According to the customs statistics, this is 90% of the total 2016 plate imports from Austria. In April 2016 OMK and Nord Stream-2 AG signed an agreement on the supply of large diameter pipes for the…
In 2016 the United Metal Company was named the best Russian pipe manufacturer for oil-and-gas industry. According to the company marketing and strategy director Ilya Kolomiets, the title was the result of a questionnaire poll of over 30 companies representing the industry, including Gazprom, Gazprom neft, Surgutneftegas, Sibur, etc. The award was presented at the…
Metalloinvest and United Metallurgical Company (OMK) have signed a long-term contract for the supply of steel billets for the production of seamless railway wheels. Round cast billets with a diameter of 455 mm will be produced at Ural Steel, a part of Metalloinvest, and will be delivered to the Vyksa Steel Works (VMZ, Nizhny Novgorod…
Russia’s United Metallurgical Company (OMK) is seeking to sell or send to Russia the capacities of the Texas-based subsidiary OMK Tube and is in talks with South Korea’s SeAH Steel as a potential investor. The negotiations are not exclusive but other contenders for the asset have not been disclosed. OMK bought Tubular Solutions, a firm…
The Trubodetal Manufacturing Facility (AO Trubodetal, Chelyabinsk, a United Metallurgical Company (OMK) subsidiary) hosted an award presentation ceremony for the winners of the Best Employee competition in honor of Trubodetal’s anniversary. The manufacturing facility’s most successful and effective employees received awards in 24 categories, including worker and engineering occupations as well as for administrative and…
OMK will supply 150 thousand tons of pipes for Nord Stream-2 gas pipeline, while Chelyabinsk Pipe Works will supply 80 thousand tons. “By the end of the contract OMK will have supplied over 700 thousand tons of pipes, with ChTPZ supplying some 600 thousand tons”, Ivan Shabalov, Association of the Pipe Manufacturers coordination committee chairman,…
According to OMK experts, in 2016 Russia will decrease pipe consumption to 9.5 million tons. The main decrease will hit large diameter pipes (by 36.3% YoY, to 2099 thousand tons). Despite the unfavorable situation OMK will retain its share of 18%, with sales volumes at 1.7 million tons. In 2017 the market stagnation is expected…