Chelyabinsk Pipe Plant (ChTPZ)

Metalloinvest and ChTPZ Group discuss possibility to increase steel supply from Oskol electrometallurgical combine for pipes manufacture

Metalloinvest and ChTPZ Group have held a regular coordinating meeting. The meeting was held at the Oskol electrometallurgical plant (OEMK, part of Metalloinvest).

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ChTPZ attracts syndicated loan for $24 mln and 10 mln euro

A syndicate of six international banks, which includes Rosbank, has increased a loan of ChTPZ under the syndicated loan agreement signed in December 2017, Rosbank reports.

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ChTPZ draws tranche of syndicated credit line with 7 international banks

CHTPZ Group has reported on implementation of the option to increase (second tranche) under the syndicated loan agreement signed with the club of 6 leading international banks in December 2017.

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Novatek wants more of Russian steel

Novatek has intended to achieve "lowest cost" of LNG in the world at the expense of Russian equipment and products.

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In H1, net profit of ChTPZ grew 2.7 times

In the first six months of 2018, the net profit of ChTPZ Group under IAS increased 2.7 times compared to the same period of the previous year and amounted to 5.621 billion rubles, the company repor

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ChTPZ Group plans to increase its share on market of seamless pipes

Among the objectives of the ChTPZ Group is the reduction of production costs, a decrease of dependence in pipe billets on other steel companies, as well as increase in market share of seamless pipe

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Metalloinvest and ChTPZ Group to create joint center for development of innovative steel grades for LDP

Metalloinvest and the ChTPZ Group agreed to establish a joint scientific and engineering center.

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In H1 2018, ChTPZ’s net profit under RAS was 6.9 bln rubles

In the first six months of 2018, the net profit of ChTPZ under RAS amounted to 6.93 billion rubles against the loss in the amount of 864.75 million rubles in the first six months of 2017, it follow

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The ChTPZ Group plans to increase its share in the seamless pipe market.

Among the tasks of the ChTPZ group are the reduction of the cost of production, the reduction of dependence in pipe billet from other metallurgical companies, as well as an increase in the market s

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ChTPZ complains about the change in Gazprom's pricing for pipes.

Gazprom, the owner of the Russian gas transportation system and the largest consumer of large diameter pipes (LDP), has switched to spot pricing in concluding contracts with pipe manufacturers, whi

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