London-based steelmaker Evraz has signed an agreement with Russia’s TMK Group to supply the latter with steel billets to produce seamless pipes in 2021-2022.
According to a media statement on Mar 1, Evraz NTMK, located in Sverdlovsk Oblast, Russia, will supply more than 160,000mt of rolled pipe billets to TMK’s Sinarsky pipe plant over the next two years. The billet will be used to produce seamless pipe of standard 120mm diameter as well as other sizes ranging 85-180mm in diameter.
TMK is the largest seamless steel pipe producer in the world, with an annual production capacity of 3.8mn mt per year, and serves the oil and gas industry, in which it has a 15pc market share.