Mechel PAO Preferred Stock (MTLRP)

Overview

Founded in 2001 and headquartered in Moscow, Russia, PAO TMK is a prominent industrial entity dedicated to the manufacture and distribution of steel pipes. The company caters to a diverse spectrum of sectors including oil and gas, chemical and petrochemical, energy, machine-building, construction, agriculture, and beyond. Operative in two primary segments—Russia and Europe—PAO TMK serves as a key subsidiary of TMK Steel Holding Limited. It stands as a vital supplier for activities ranging from oil and gas production, through to various applications in engineering and construction realms, contributing significantly to global industrial infrastructure.

Products and Services

• Oil Country Tubular Goods

These are essential components used in oil and gas exploration and production. They include drilling, casing, and tubing pipes, which are critical for the drilling, equipment, and operational aspects of wells. The range also features vacuum insulated tubing designed for optimizing production in challenging thermal environments.

• Oil and Gas Line Pipes

PAO TMK supplies line pipes for intra-field pipelines, facilitating the transport of crude oil and natural gas from the extraction site to refineries, storage facilities, or distribution nodes. These products are integral to constructing reliable and efficient pipeline systems.

• Welded Large Diameter Pipe

These pipes are used for constructing major oil and gas trunk pipelines, oil field pipelines, as well as pipelines for general purposes, heat supply networks, and even nuclear power stations. Their robust design and construction make them suitable for a wide range of industrial applications.

• Seamless and Welded Steel Pipes

Offered in hot and cold rolled variations, these pipes find applications in mechanical engineering, nuclear, chemical, oil refining, and food industries. The pipes are tailored for manufacturing critical components and systems across these sectors.

• Seamless Industrial Pipes

These are designed for high-demand environments, such as in the creation of steam boilers, bearings, and various machine parts and assemblies. They serve the chemical, petrochemical, food, and nuclear industries, where quality and precision are paramount.

• Welded Industrial Pipes

Targeted towards the engineering, construction, and utility sectors, these pipes are essential for various builds and infrastructure, highlighting PAO TMK’s versatility in product offerings.

• Anti-corrosion Coatings

This service extends the life and functionality of both welded and seamless pipes, especially those employed in the oil and gas industries, housing and utilities, and agriculture. Enhanced durability and resistance against harsh conditions are key benefits.

• Cast Billets

These foundational materials are used in the production of seamless pipes and various steel products, demonstrating PAO TMK’s integration across the production chain from raw materials to finished goods.

• Pipes with Premium Connections

Specifically designed for oil and gas wells, including horizontal and directional drilling operations, these pipes offer superior performance in complex and demanding drilling conditions.

• Value-added Services

PAO TMK also provides a suite of services including heat treatment, protective coating, premium connections threading, pipe storage, and repair services, ensuring comprehensive solutions for its clients from procurement to deployment and maintenance.