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Severstal Increases Steel Sales to Russian Energy Customers by 37%

Steel News - Published on Fri, 18 Oct 2019

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One of the largest vertically integrated steel and mining companies in the world Severstal PJSC supplied Russian customers from the fuel and energy sector over the nine months of this year with more than 740 thousand tonnes of metal products, which is 37% higher than the same period last year. Severstal increased sales of both finished products and metal, which is used in the manufacture of products for the fuel and energy industry. The company supplies metal products to manufacturers of large-diameter pipes, pipe fittings, pipe fittings, welded oil cut tubing of the oil gauge, oil and gas pipes, tanks and oil and gas equipment.

Supplies of rolled metal to manufacturers of pipes of small and medium diameter increased by 72%, to 204 thousand tons, and sales to companies that produce large diameter pipes, by 31%, to 213 thousand tonnes.

For nine months of 2019, Izhora Pipe Plant sold about 290 thousand tonnes of large-diameter pipes on the domestic market, which is 13% higher than the same period last year. The company's products were used for the development of gas transmission capacities of a unified gas supply system in the North-West Region, as well as for the construction of the Kovykta-Chayanda section of the Power of Siberia gas pipeline.

Deliveries to customers in the fuel and energy sector have also increased due to new areas of the company’s work.

Source :

Posted By : Amom Remju on Fri, 18 Oct 2019
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