Russia: Ferrum to increase pipe range

Ferrum has received the new pipe-welding mill. The mill produces thin-walled cold-rolled pipes with 0.5-1.6 mm wall thickness. This will be a unique product for Novosibirsk region. The mill will be put into operation in late May. Ferrum started producing electric-welded pipes in 2015. It has 3 mills with the total capacity of 15 thousand…

Russia: Trubodetal passes Gazprom audit

Trubodetal, a part of OMK, has passed an inspection audit of its quality management system according to Gazprom 9001-2012 standard. The commission checked the quality management system efficiency, evaluated the operation of inner auditors as well as the results of the corrective measures following the previous check in March 2016. “We regularly improve our business-processes,…

Russia: ETPZ buying ETZ assets

The first and the main manufacturing site of the Engels Pipe Works (ETZ) has been sold to the Engels Pipe-Rolling Works (ETPZ) for 104.8 million rubles. ETPZ also purchased the right to claim receivables. The right for 444.8 million rubles was purchased for the mere 9.1 million rubles. It should be noted that the ETPZ…