15,040.25 TRY BIST 100 BIST 100
53.23 EUR EUR EUR
45.27 USD USD USD
6.69 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.70 TRY Interest Interest
101.23 USD Fossil Oil Fossil Oil
6.27 USD Copper Copper
117.30 USD Silver Silver
110.36 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,889.93 TRY Gold (gr) Gold (gr)
111.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Sverdlovsk region expands stainless steel pipe production capacity

A new facility for cold-deformed stainless steel pipes has been launched in Pervouralsk. The company Cybersteel has put into operation its modernized production base, with 12 billion rubles invested in the upgrade.

Sverdlovsk region expands stainless steel pipe production capacity

Thanks to the modernization, the plant increased its output of seamless stainless steel pipes by 1.7 times, reaching 15,000 tons per year. The updated facility also allows for a wider range of products, including tool pipes, heat exchanger tubes, and general-purpose pipes for high-tech industries. Additionally, it has boosted production capacity for steam generator tubes used in nuclear power plants.

Over 150 units of advanced equipment from leading global manufacturers were installed, and more than 100 new high-performance jobs were created. Automated production lines have reduced manual and transport operations, resulting in a 1.5-fold increase in labor productivity.

The new facility is expected to cut imports of seamless stainless steel pipes from China in half — down to 25% — and fully meet the demand of Russian companies for high-tech pipe products.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Trump gives the EU deadline for a trade agreement

Friday, May 8, 2026

thyssenkrupp Steel appoints Georgios Giovanakis to the Management Board as CSO

Friday, May 8, 2026

Tenaris appoints Gabriel Podskubka as CEO

Friday, May 8, 2026

Ezz Flat Steel signs agreement with Danieli for QSP modernization in Ain Sokhna

Friday, May 8, 2026

U.S. steel import permit applications increased by 8.1% in April

Friday, May 8, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now