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25 Aug
16:16

TMK's financials soar on higher sales, prices

TMK expects stable OCTG pipe demand from Russian oil and gas companies in 2021, supported by ongoing current and new project development, amid the climate of increasing complexity of hydrocarbon production in Russia. Industrial pipe segment demand recovery is also expected to support sales. In Europe the group expects a gradual industrial pipe consumption recovery as restrictions continue to lift, and thanks to stimulus measures by the government. Export volumes t…
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