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09 Jun
14:13

TMK expects ongoing 2021 pipe demand improvement

Russian pipemaker TMK expects the recovery of demand in key sectors to continue in 2021. Russian demand for OCTG pipe from oil and gas companies is to remain stable on the back of the ongoing development of current and new projects, and the increasing complexity of hydrocarbon production in the country. The group foresees heavy engineering sector demand supporting sales in the industrial pipe segment. In Europe, as major Covid-19 lockdowns are lifting and gov…
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