Pipe Metallurgical Company (TMK)

TMK is the largest producer of steel pipes in Russia and is one of the three global leaders in the pipe business, since 2009, taking first place in the world in terms of shipment of pipe products. The total volume of pipe shipment in 2018 amounted to 4.01 million tons.

TMK unites more than 20 enterprises located in Russia, the USA, Canada, Romania and Kazakhstan and has the largest facilities in the world for the production of the entire range of steel pipes. The largest share in the Company's sales structure is held by threaded oil and gas pipes (OCTG).

TMK has a strong market position in the OCTG seamless pipe segment. At the end of 2018, the Company's share in the global market for this type of product amounted to 15%. The company is a leader in the Russian pipe market: it accounts for 24% of the total steel pipe market and 63% of the seamless OCTG market. TMK is focused on meeting the needs of the global oil and gas industry, whose share in the structure of the Company's consumers is 78%.

TMK's clients include leading oil and gas companies, including Rosneft, Gazprom, Transneft, LUKOIL, Shell, ENI, Total, Exxon Mobil, Occidental Petroleum, ONGC, Saudi Aramco, Anadarko, Marathon, etc.

A large-scale presence of the Company in the global market is ensured by its extensive trading network covering almost all the main world oil and gas production centers: the USA, Canada, Latin America, Russia and the CIS countries, Europe, the Middle East, Africa, and Southeast Asia. TMK's supply geography covers more than 80 countries.

TMK shares are traded on the London Stock Exchange, as well as on the Russian stock exchange - MICEX-RTS.