The owners of the manufacturing company DIA and the pipe works Profil-Akras decided to merge companies into the United company Akras DIA. The first products are expected to be produced from April 1. The new company will honor agreements of the previous two companies. At the same time, only steel pipes manufacture will be merged.…
The Ministry of Industry and Trade and the Federal Antimonopoly Service with the participation of metal companies have developed a new standard for the purchase of large diameter pipes. The price is calculated according to a formula stipulated in the contract. Gazprom is prohibited from buying more than 15% of pipes under short-term contracts. The…
In January Ukraine exported $48.728 million worth of steel pipes, down by 9.1% YoY. Imports grew by 54.1%, to $19.118 million. According to the State Fiscal Service, in January exports dropped by 13.6% MoM, while imports – by 2.3%, to $0.454 million. USA imported the most pipes – $11.852 million. (Ukrainian metal)
According to TMK, in 2019 the Russian pipe market will mostly follow trends of the previous year. In 2018 pipes consumption dropped slightly following the decrease in housing construction. At the same time OCTG and large diameter pipes witnessed an increase in demand. This year TMK expects the growth of local pipe consumption by 2%…
Industry and Trade Ministry has sent a letter to Gazprom suggesting changes into the company’s order of pipeline procurements that ensure equal rights for all pipe sellers. The ministry has adjusted Gazprom’s procurement standard together with the Federal Antimonopoly Service and pipeline producers to minimize procurements from a single supplier to ensure equal access of…
In 2018 steel pipe exports grew by 29.9% YoY, to $737.852 million, while imports – by 50.5%, to $181.471 million. According to the State Fiscal Service, in December 2018 pipe exports dropped by 1.1% YoY, to $56.405 million, while imports increased by 47.4%, to $19.572 million. US were the largest importer of steel pipes in…
In January-November 2018 Russia exported 2.3 million tons of steel pipes valued at $2.46 billion, up by 23% and by 38.4% YoY respectively. According to the customs statistics, Finland remains the leading importer, having purchased 19.7% of all pipes. Still exports to Finland fell by 23.5% YoY. Kazakhstan holds the share of 17.5%, up by…
The Federal Antimonopoly Service will check the reasoning behind the increase of the drilling pipe prices. In particular, FAS will investigate the increase of the price of pipe and metal purchased by oil companies. Russian metal and pipe prices follow world trends with a slight delay. In January-July the market witnessed a rise of hot-rolled…
