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31 May
12:41

TMK withholds operating results until September

Russian pipemaker TMK has decided to confine itself to compliance with the mandatory regulatory requirements established by the Bank of Russia on disclosing financial statements. This means it will not publish interim consolidated results for the first quarter and nine months of 2022 in accordance with International Financial Reporting Standards. In mid-March, the EU imposed a ban on the import of steel products from Russia, including a wide range of seamless and …
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