01
Dec
11:27
TMK ramps up revenue, eyes increased European demand
Russian pipemaker TMK expects demand for OCTG pipe from Russian oil and gas companies to remain stable until the end of the year. However, consumption of industrial pipe in the European market is expected to increase further on the back of the ongoing economic recovery.
Russian pipe demand declined in the third quarter by 11% on-quarter. Higher demand for line pipe and increased deliveries of large-diameter pipe (LDP) were offset by lower shipments of industr…
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Anonymous
Very good overview of the weekly steel market.
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