18 June 201212:45
ChTPZ, MMK Agree to Continue Cooperation
A work meeting of two strategic partners, Magnitogorsk Iron & Steel Works (MMK) and Chelyabinsk Tube Rolling Plant (ChTPZ), was held in Yekaterinburg. The meeting was attended by MMK Director-General Boris Dubrovsky and ChTPZ DG Yaroslav Zhdan as well as by experts from the production, commercial, and logistics departments of both companies. The parties agreed on the basic commercial terms of their cooperation. The attendees discussed the prospects of the two companies joining the pipeline development projects in Russia and the CIS in 2012-2013, agreed on the important commercial terms