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28 May

Russian pipe consumption to remain stable: MMI

Steel pipe consumption in Russia last year amounted to 11.24 million tonnes, up 0.8% on-year, the head of pipe markets at Russian consulting group MMI, Vadim Kholtobin, said at the “Steel pipes: production and regional sales” conference in Novosibirsk last week. In 2024, the company expects a minimal decline in use, to about 11.21mt, Kallanish notes. Consumption of large-diameter pipe (LDP) should increase slightly. “In the oil and gas industry…
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