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28 Aug
01:00

Russia's ChelPipe sees first half sales increase

ChelPipe has experienced a good first half of 2015 thanks to its participation in large pipeline projects, an increase in domestic sales, cost reductions and exchange rate benefit, Kallanish notes.  Total sales of tubular products in the first half of 2015 increased by 22% compared to H1 2014 and amounted to 1.07 million tonnes. Deliveries to the Russian market amounted to 976,000t whilst those for export totalled 97,000t. ChelPipe sales of welde…
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