TMK OAO engages in the manufacture and export of pipe products. It operates through the following divisions: Russian, American, and European. The Russian division deals with the production and supply of seamless and welded pipes, premium products, and the rendering of related services to oil and gas companies. The American division manufactures pipe products including ULTRA connections. The European division produces seamless pipes and steel billets. The company was founded on April 17, 2001 and is headquartered in Moscow, Russia.