# Metalloinvest signs agreement to sell Ural Steel to Zagorsk Pipe Plant

Metalloinvest signed an agreement to sell 100% of JSC Ural Steel to Zagorsky Pipe Plant (ZTZ). The transaction is expected to close in February 2022.

- Type: Acquisition
- Announced: 2022-02-03
- Where: Novotroitsk, Orenburg region, Russia
- Status: announced
- Products: steel, billets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Metalloinvest](https://endata.com/companies/21635.md) (partner)
- [Ural Steel](https://endata.com/companies/21637.md) (target)
- [Zagorsky Pipe Plant](https://endata.com/companies/60784.md) (acquirer)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/uk-regulatory/metalloinvest-signs-an-agreement-to-sell-jsc-ural-steel-to-zagorsk-pipe-plant/80c91827-2e73-41ad-9a51-63f30f20d0c5_en), 2022-02-03: "Metalloinvest signs an agreement to sell JSC Ural Steel to Zagorsk Pipe Plant"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.