Severstal to supply 300,000 tns of rolled stock to ZTZ - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Severstal to supply 300,000 tns of rolled stock to ZTZ

MOSCOW, Dec 17 (PRIME) -- Russian steelmaker Severstal will supply 300,000 tonnes of rolled stock to the Zagorsk Pipe Plant (ZTZ) in 2019 for production of large-diameter pipes, the companies said in a joint statement Monday after signing a relevant agreement.

“Severstal already has experience in metal supplies for ZTZ. Such agreements provide an opportunity to build long-term mutually beneficial partnerships, improve the end-to-end technological chain, solve production and logistics tasks jointly, improve the quality of rolled products and pipes,” Severstal CEO Alexander Shevelev was quoted as saying.

ZTZ focuses on production of large-diameter pipes for the oil and gas industry.

End

17.12.2018 13:28