16 Dec 2019 15:22

Severstal ships LDP consignment to Egypt

MOSCOW. Dec 16 (Interfax) - The Severstal group's Izhora Pipe Mill has shipped a consignment of large-diameter pipes to Egypt for the construction of an oil pipeline there.

"The company focuses not only on Russian projects but is also looking at attractive alternatives on overseas markets," the steel maker quoted Dmitry Gorshkov, its director for relations with energy companies, as saying in a press release.

This is Severstal's first shipment to Egypt.

Severstal declined to disclose the supply volume.

The pipes were supplied to Petrojet, which provides services for the oil, gas and petrochemicals industries.