March 01, 2015 12:45 PM ET

Metals and Mining

Company Overview of United Metallurgical Company, OMK CJSC

Company Overview

United Metallurgical Company, OMK CJSC manufactures steel pipes. The company offers large, small, and medium-diameter pipes; pipeline fittings; steel plates; and railroad wheels. Its pipes are used for the construction of oil and gas pipelines in the Russian Federation, the Baltic, the Nordic, North Europe, and the Eastern Siberia–Pacific. The company serves fuel and energy complex, civil engineering, chemical production, and electronics industries. United Metallurgical Company, OMK CJSC was founded in 1992 and is based in Moscow, Russian Federation.

Ozerkovskaya Nab., 28/2

Moscow,  115184

Russia

Founded in 1992

Phone:

7 495 231 7771

Fax:

7 495 231 7772

Key Executives for United Metallurgical Company, OMK CJSC

President, Director and Chief Executive Officer of OMK-Steel
Age: 60
Director of Economy and Finance
Age: 39
Vice President
Production Manager
Head of Corporate Government Department
Compensation as of Fiscal Year 2014.

United Metallurgical Company, OMK CJSC Key Developments

NLMK Group and United Metallurgical Company (OMK) Extend Contract to Supply LDP Feedstock by Five Years

The NLMK Group and United Metallurgical Company (OMK) have extended a contract for NLMK to supply steel slabs to produce feedstock for large-diameter pipes at OMK's Vyksa Steel Works (VMZ) until 2019. The initial contract between NLMK and OMK was signed in August 2012; and in November 2013 the companies signed an agreement of long-term cooperation for 2014-2017.

OMK Seeks To Sell Ust-Luga

United Metallurgical Company, OMK CJSC is looking for a buyer for the Specialized Metallurgical Terminal at port Ust-Luga, the construction of which was stopped in 2013. As OMK told IAA PortNews, the decision comes from the concentration of OMK’s efforts on investments into metallurgical production and consumption of OMK’s products mainly in Russia.

Casting and Rolling Complex Reports Production Results for the First Half of 2014

Casting and Rolling Complex reported production results for the first half of 2014. The Casting and Rolling Complex increased the production of hot-rolled coiled steel by 6% to a total of 530,000 tons against a similar period last year. A total of 162,000 tons of strips and 24,000 tons of sheets were manufactured in the period under review. The increase in production has been brought on by the growing consumption of sheets by Vyksa Steel Works pipe shops, whose production facilities and order volume have grown as compared to the previous year. A wide-scale modernization program is being implemented at the second and third electric weld pipe shops of Vyksa Steel Works, which will expand the range of the pipes and increase production output. In particular, following the installation of three new highly-productive pipe mills at the second shop, its capacity will grow by almost a third up to 290,000 tons of pipes per year.

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