Public Joint Stock Company Chelyabinsk Pipe Plant [CHEP.ME] Stock Forecast

Public Joint Stock Company Chelyabinsk Pipe Plant produces and sells welded and seamless steel pipe products for fuel and energy industries in Russia, the Commonwealth of Independent States, and internationally. The company operates through four segments: Steel Pipe Production, Oilfield Services, Trunk Pipeline Systems, and Scrap Procurement. It offers casings, tubing, boiler tubes, cold-finished and hot-finished pipes and tubes, small-diameter welded pipes, and stainless steel pipes; and pipeline transport. The company also provides pipeline fittings, which include tee, elbow, reducer, cap, split tees, cold and hot induction bends, and 3D bends products. In addition, it offers ball, bellows-type globe, check, gate, globe, and swing check valves; ESP motors; gas separators and dispersers; and electrical submersible motors, sucker-rod drilling pumps, and related products and services. Further, the company engages in the procurement, storage, recycling of ferrous and non-ferrous scrap metal, including collection, sorting, shredding, processing, etc. It serves oil and gas industry, housing, utilities infrastructure, and industrial applications. The company was founded in 1942 and is headquartered in Moscow, Russia. Public Joint Stock Company Chelyabinsk Pipe Plant operates as a subsidiary of PAO TMK.