11
Aug
01:00
Russia's TMK jv raises stainless pipe prices
TMK-INOX, a joint venture between Russian pipemaker TMK and Russian state-funded Rusnano has announced a price rise, effective from 1 August for its welded stainless steel pipes.
The increase of up to 5% will affect newly-concluded contracts for products according to standards DIN EN 10217, DIN 11850 and GOST 11068, TMK tells Kallanish. This is the result of the rising cost of stainless cold-rolled and hot-rolled coils, which are used to make these pipe…
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Anonymous
Very good overview of the weekly steel market.
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