06
Mar
12:51
TMK's Russian division drives profitability increase
TMK expects stable pipe consumption by oil and gas companies in Russia this year, despite the headwinds seen in the first quarter of 2020. High-tech products will be in greater demand due to the increasing complexity of hydrocarbon exploration projects, including horizontal drilling.
European demand for the company's seamless industrial pipe is also expected to remain stable on-year, with higher value-added products shipments driving demand.
In…
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Anonymous
Very good overview of the weekly steel market.
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