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Russia: TMK and ChTPZ gain control of Yartsevo Foundry-Rolling Works

A company, connected with TMK and ChTPZ, have gained control over the electrometallurgical works in Smolensk region, which could have become a Zagorsky Pipe Works (ZTZ) site to produce seamless pipes. Pervouralsky Pipe-Rolling Plant has become a mortgagee of Parus LLC, owner of the Electrometallurgical Foundry-Rolling Works in Yartsevo. ZTZ intended to produce 400-450 thousand…


Russia: VSMPO-Avisma says Gazprom considers possible partnership

Gazprom was studying production potential of titanium giant VSMPO-Avisma for possible partnership, the titanium producer said in a statement on December 18 after a Gazprom delegation visited the Sverdlovsk region’s city of Verkhnyaya Salda to study VSMPO-Avisma’s production and discuss partnership. “After analyzing production potential of VSMPO-Avisma, the leader of the world’s titanium industry, we…