22
Oct
14:42
TMK third-quarter shipments increase on stronger Russian market
Russian pipemaker TMK expects pipe shipments at the Russian division in the fourth quarter to be supported by seasonally higher demand for OCTG pipe from Russian oil and gas companies. This follows a traditionally weaker Q3.
“In Europe, we expect the gradual recovery in industrial pipe consumption to continue, assuming that market trends do not deteriorate,” the company tells Kallanish.
Total pipe shipments in Q3 were up by 2% on-quarter to 682,000 t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous