OREANDA-NEWS. In connection with continuing rise in cost of round pipe billet and sheet, it is planned to revise the price policy of CHTPZ Group towards rise in production prices from the second quarter.

According to the press service of CHTPZ Group, first of all the price rise will touch upon seamless and electric welded pipes of medium and small diameters, but rise in prices on the large-diameter pipes will be less, which is connected with long-term contracts with consumers of this production.

In the first quarter, the company was keeping stable prices on pipes despite of rise in metal prices.