07
Dec
11:01
TMK revenue declines, eyes stable demand despite Covid-19
Pipemaker TMK expects demand for OCTG pipe from Russian oil and gas companies to remain stable until the end of the year. However, in Europe, demand for industrial pipe may be negatively impacted by deteriorated market conditions resulting from new Covid-19 lockdowns.
Russian pipe demand increased in the third quarter by 14% on-quarter. Higher demand for industrial pipe and increased deliveries of large-diameter pipe (LDP) were offset by a decline in the OCTG…
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Anonymous
Very good overview of the weekly steel market.
Anonymous