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Severstal

February 19, 2003

Severstal and Pipe Metallurgical Company to Hold a Coordinating Council in Cherepovets

The Pipe Metallurgical Company will hold negotiations with Severstal on the cooperation in the long term and short term (last six months) and tour its production facilities.

Severstal is considering opportunities for mastering new and improving existing products and services, provided to Pipe Metallurgical Company.

According to Dmitry Goroshkov, Severstal’s sales director, “ In 2002, Pipe Metallurgical Company has become our key target customer. From the middle of 2002 Severstal will ship 15,000 tonnes of rolled steel to Volgsk Pipe-making Plant a month. Steel coming off the Mill 2000 will be used in the construction of Kekiyak-Aturau pipeline. Severstal meets almost 100% demand of Volgsk pip-makers in strip. Severstal’s representatives always take part in the receival of shipment lots at Volgsk piping plant to assure quality.

”We will consider opportunities for shipping strip from Mill 5000. Keeping that in mind, we intend to certify it to meet Gazprom needs. First shipment from Mill 5000 will begin in April 2003, “ said Goroshkov.



19 Febrary 2003

 

 

 

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