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21 Jul
14:32

TMK, OMK bag Transneft LDP contract

Transneft will buy pipe from TMK and OMK’s Vyksa Steel Works for almost RUB 7 billion ($110 million). The pipemakers have won a Transneft tender for large diameter pipes (LDP) supply, OMK tells Kallanish. “We expect an increase in demand of threaded pipes and pipes with threaded connections," says VSW managing director Alexander Barykov. The total amount of the order is RUB 6.84 billion. TMK’s portion amounts to RUB 2.997 billion. Del…
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