Controlled by the oligarch, the Pipe Metallurgical Company will continue to ship steel in the United States, despite 25 percent duties. The company and Pumpyanskogo itself has impressive debts, plus a businessman needs to finish building a luxurious 100-meter mega-yacht Project Blade.
The IPO of the American division of the Pipe Metallurgical Company - TMK Ipsco - is postponed due to the fall of the US stock market.