In November 2010 ChelPipe commissioned its new state-of-the-art electric arc furnace mini-mill at the Pervouralsk Plant. This facility operates an electric arc furnace and employs a direct casting process. ChelPipe expects that when its new mini-mill is capable of operating at full capacity, it will allow ChelPipe to be 75% self-sufficient in billets for seamless pipe production.
Project costs: USD 670 million
Capacity: 950,000 metric tons per year
Launch: November 2010
- 27.03.2017ChelPipe Group announces financial results as of year-end 2016 in accordance with IFRS
- 27.02.2017The Central Bank of the Russian Federation includes ChelPipe bonds in its Lombard List
- 09.02.2017ChelPipe successfully completes second bond issue within framework of exchange-traded bond program