A new machine to control the inner diameter of the casing pipes has been commissioned at the Seversk Pipe Works. The machine has been developed and produced by the company laboratory specialists. This is the third such machine at the pipe shop No. 1. They control the quality of all casing pipes produced at the…
In Q3 Seversk Pipe Works received 100.6 million rubles of net profit, as opposed to net loss of 42 million rubles in Q2 2017 and 396 million rubles in Q3 2016. In January-September the losses totaled 35.9 million rubles as opposed to net profit of 840 million rubles in January-September 2017. Sales in Q3 reached…
The pipe-rolling shop No. 1 of the Seversk Pipe Works has completed another stage of the flow line No. 5 modernization The project was carried out without stopping the manufacturing process. The new SMS Group presses assembled in the ship will be tested in December 2017 – January 2018. “The project of flow line No.…
The Federal Antimonopoly Service has satisfied the claim of Seversk Pipe Works to buy 100% of Uralchermet shares. According to the service report, the deal will not limit the competitiveness. The charter capital of Uralchermet is 10 million rubles. In 2016 the company received 859.5 million rubles of revenue, with net profits at 27.9 million…
In April-June Seversk Pipe Works received 94.3 million rubles of net losses, up from 42.2 million rubles of losses in Q1. The consolidated losses of STZ in H1 exceed 136.4 million rubles. In H1 2016 the company received 1.23 billion rubles of net profits. In Q2 the company sold 10.14 billion rubles worth of products,…
The pipe-rolling shop No. 1 of Seversk Pipe Works has successfully finished scheduled repair and modernization works. The modernization of the FQM continuous casting machine and the pipe-finishing site lasted for 14 days. As the result, the exploitation characteristics of the shop machinery have improved, and the FQM mill operational stability has increased, which will…
The Seversk Pipe Works, a part of TMK, has put into operation the steel arc furnace waste-heat utilization machine. The machine is used to utilize the waste heat, emerging in the arc furnace during cooling. The new machine allows the works to put around 5 gKal of heat per hour to good use – supplying…
In Q3 Seversk Pipe Works, a part of TMK, received 395.9 million rubles of net losses. The previous two quarters were profitable for the company. In particular, in Q2 it received 839 million rubles of profits. Q3 revenues dropped by 24% QoQ, to 7.56 billion rubles, with sales profits at 73.4 million rubles, down from…
