ESPO, Russia Metals and Mining

Previous record is broken! OJSC "MMK" produced 953.3 thousand tons of metal at the mill 5000.

The previous record was set 5 years ago in 2010, when the mill produced 943.4 thousand tons of steel.
Unique plate mill 5000 was commissioned in 2009. The President of the Russian Federation Vladimir Putin participated in the ceremony of launching the unit.

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Power of Siberia and Southern Corridor to load Mill 5000

In the first six months of 2015, the delivery of steel products from hot rolling mill 5000 of MMK increased by 34% as compared with the same period of the previous year. The increase amounted to 142 thousand tons. 

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Oil and gas companies increase demand for metal products

Producers of pipe products, demand for which reduced after 2011, again increase the volume of orders. Due to launch of new projects in the oil and gas industry - pipelines Power of Siberia, the second string of Bovanenkovo ​​– Ukhta and Central Asia – China, in 2013 the consumption of pipes grew from 9.43 million tons to 9.7 million tons. According to analysts, namely oil and gas projects will be the driver for the pipe industry in the coming years.
Shipment
According to the Development Fund for the pipe industry, Russian pipe companies sell from 65% to 75% of its production in projects of pipeline transport and production of hydrocarbons. That is why the completion of major oil and gas projects sensitively affects producers of pipes. In the period from 2009 to 2011, the consumption increased from 6.2 million tons to 10.4 million tons, as a number of pipeline projects - Nord Stream, Sakhalin - Khabarovsk - Vladivostok, Eastern Siberia - Pacific Ocean (ESPO) and Baltic Pipeline System-2 (BPS-2) - were implemented. However, after completion of their construction by results of 2012, the consumption of pipes decreased to 9.43 million tons. The market recovery began in 2013, when the demand for large-diameter pipes (LDP) increased due to such projects as Bovanenkovo ​​- Ukhta, South Stream, Central Asia - China. Last year, the consumption amounted to 9.7 million tons. In January-July 2014, the growth was 1.4% as compared to the same period in 2013.

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Edward Hudaynatov creates Joint Venture with Alliance Oil.

The ex-head of "Rosneft" creates a joint venture with Alliance Oil.
In the biggest deal in the oil industry  since "Rosneft" bought TNK-BP: the former head of the state company Eduard Hudaynatov, who went into private business, fulfilled Igor Sechin’s precept "to develop new ambitious projects in the fuel and energy sector" and combined assets in a joint venture with the Bazhaev family’s Alliance Oil. The total value of the joint venture could be up to $ 6 billion. Mr. Khudainatov’s independent oil and gas company receives 40 % in the joint venture, the top manager will become a CEO. But experts believe that in the future the "Alliance" group and Musa Bazhaev will leave the oil industry and focus on platinum.

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