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Russia: TMK and Novatek sign Strategic Partnership and Cooperation Agreement

PJSC TMK and PJSC Novatek have signed a Strategic Partnership and Cooperation Agreement at the 23rd St. Petersburg International Economic Forum. Dmitry Pumpyanskiy, Chairman of TMK’s Board of Directors, and Leonid Mikhelson, Chairman of Novatek’s Management Board signed the document. The agreement outlines key policies and approaches for supplying TMK’s premium casing and tubing pipe…


Russia: Metalloinvest develops rolled steel production capabilities at OEMK

Metalloinvest has commissioned a new reduction and calibration section for Rolling Mill 350’s mid-size production line at Rolling Unit No. 2 at OEMK. Investment in the project totaled more than 600 million rubles. The modernization will enable the company to increase production of high-quality rolled steel by 67,000 tons per year. The new reduction and…