ITAR-TASS News Agency, April 21, 2014, Vladimir Markin: I don’t see any big risks from the sanctions.
The potential expansion of the sanctions against Russia has not affected pipe deliveries to Europe so far, said Vladimir Markin, President of United Metallurgical Company (OMK), in an interview with ITAR-TASS.
United Metallurgical Company (OMK) is one of Russia’s largest producers of pipes, railway wheels and other steel products for energy, transport and industrial companies.
OMK unites seven large metallurgical enterprises: Vyksa Steel Works (Nizhny Novgorod region), Chusovoy Metallurgical Works (Perm region), Almetyevsk Pipe Plant (Tatarstan), Trubodetal Plant (Chelyabinsk region), the Casting and Rolling Complex (Nizhny Novgorod region), Blagoveshchensk Valve Plant (Bashkortostan) and OMK Tube plant (Texas, USA).
The key buyers of OMK’s products are major Russian and foreign companies: Gazprom, Russian Railways, Lukoil, AK Transneft, Surgutneftegas, Rosneft, TNK-BP, ExxonMobil, Royal Dutch/Shell, General Electric, Samsung, ZIL, KamAZ, GAZ etc. OMK’s products are delivered to 30 countries worldwide.