In 2019, Taganrog Iron and Steel Works decreased losses by 800 million rubles, to 1.3 billion rubles. In 2018, losses amounted to 2.1 billion rubles. At the same time, revenue also dropped. While in 2018 it was 43.8 billion rubles, last year it constituted 43.5 billion rubles. (Ukrainian metal)
Taganrog Iron and Steel Works has produced 4 million tons of pipes. The anniversary ton of pipes will go to the city of Surgut. Tagmet was created in 1896, and is now one of the highly technological pipe works in the world. (Ukrainian metal)
In Q3 Taganrog Iron and Steel Works received the net loss of 36.8 million rubles. In Q2 the net loss was 357 million rubles. And in Q3 2016 – 635 million rubles. In January-September Tagmet received 452 million rubles of losses, down from 962 million rubles in January-September 2016. Tagmet revenue in Q3 increased by…
The pipe-rolling shop of Taganrog Iron and Steel Works has completed the scheduled modernization and repair of the PQF mill, which produces seamless hot-deformed pipes. The repair will result in the decrease of maintenance time and quality improvement. For the first time since the mill has been put in operation the company has replaced beams…
In Q2 Taganrog Metal Works received 357.1 million of net losses, up from 58 million rubles in Q1. The combined losses of the company in H1 total 415 million rubles, up from 328 million rubles in H1 2016. In Q2 Tagmet revenue dropped by 9% QoQ, to 8.4 billion rubles. The combined revenue in H1…
Taganrog Iron and Steel Works has been granted tax exemptions for almost 200 million rubles from the Rostov region till 2019. For the past 10 years Tagmet has invested over 32 billion rubles in its technical revamping, which has made it one of the major seamless pipe manufacturers in the world. The company has orders…
The Taganrog Iron and Steel Works, a part of TMK, has been visited by the Rostov region deputy governor on industry development, energy and transport Vladimir Krupin and the first deputy minister of industry and energy of the region Andrei Savelyev. Together with the managing director Sergey Bilan they have visited the arc-furnace and pipe-rolling…
Taganrog Iron and Steel Works has produced a trial batch of pipes with external upset ends for TMK Neftegazservis-Buzuluk. The first batch of pipes with 73 mm diameter was made at the SMS Meer press. The need to start producing such pipes was due to the increasing demand from oil industry. (Ukrainian metal)
