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ChTPZ announces H1 operational results

Friday, 31 July 2009 13:53:49 (GMT+3)   |  
       

One of the largest Russian pipe producers, ChTPZ Group, which consists of Chelyabinsk Tube Rolling Plant (ChTPZ) and Pervouralsky Novotrubny Works, has announced its operational results for the first half of 2009.

During the period in question, the group registered a 38 percent decrease year on year in its pipe shipments to 540,600 metric tons, due to a 35 percent decrease year on year in pipe demand in the Russian domestic market - ChTPZ Group's main sales market.
 
In the first six months of 2009, the pipe deliveries of Chelyabinsk Tube Rolling Plant (ChTPZ) amounted to 271,500 mt, including 169,600 mt of large diameter pipes. In June 2009, ChTPZ shipped 47,100 mt of pipes, including 35,800 mt of large diameter pipes.

On the other hand, Pervouralsky Novotrubny Works' pipe shipments in January-June this year amounted to 269,100 mt, while its June deliveries totaled 41,800 mt.


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