Russian steelmaker Severstal has announced that it has won a tender to supply about 100,000 mt of 813 mm diameter pipes for the South Stream Offshore Pipeline. The pipes are to be manufactured by the Izhora Pipe Mill, a part of Severstal's Russian Steel division.
Severstal's investment in its large diameter (LD) pipe production at the Izhora Pipe Mill has amounted to RUB 1.3 billion ($37.2 million). More than 10 projects were implemented as part of this investment program, primarily aimed at improving product quality and product mix. Among these investment projects were the commissioning of a new finishing press and the installation of an automated system for measuring pipe geometrics.