ChTPZ Group Sells 1,700,000,000 kg of Pipes

UrBC, Yekaterinburg, February 20, 2017. ChTPZ Group’s Chelyabinsk Pipe Rolling Plant and Pervouralsk New Pipe Plant sold 1,713,000,000 kg of pipes to their customers last year, which amounted to 85% of the figures for a year earlier (=306,000,000 kg), the Group’s press service reports.

‘This decrease in sales was brought about by changes in the delivery schedule for Gazprom’s Power of Siberia and North-European Gas Pipeline as well as by the shrinking demand on both the domestic and the international markets. The demand for large-diameter pipes dropped most noticeably, that is, by 27%,’ the Group’s press service says.

At the same time, the company is now selling more high value-added, high-margin goods: the Group’s sales of pipes with Premium threaded joints rose by 10%, up to 9,000,000 kg and thus increased its share of the industrial pipe market. The increase in home market sales was most pronounced in small-diameter welded pipe segment (+8,000,000 kg), section pipe segment (+6,800,000 kg), and cold-deformed pipe one (+ 7,700,000 kg).

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