Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that it will supply steel billets to Russia-based steel pipe producer ChTPZ Group’s subsidiary Chelyabinsk Pipe-Rolling Plant (ChelPipe) for the manufacture of seamless pipes for high-pressure boilers at the Long Phu 1 thermoelectric power station of a total capacity of 1,200 megawatts in Vietnam.
According to Metalloinvest’s statement, the signing of the contract is the continuation of the long-term, strategic, and mutually beneficial partnership between Metalloinvest and ChelPipe Group. The companies regularly cooperate by jointly implementing complex infrastructure projects and holding steering meetings, during which they discuss the quality of the steel plates and the development of new types of steel products.