20
Aug
14:40
Chelpipe's profitability grows despite sales slump
Russian pipemaker Chelpipe expects to keep its second half of 2019 shipment volumes in line with the first half's volumes, with no significant changes affecting the market dynamic in the period. The company shipped 984,000 tonnes of pipe products to its customers in H1, -10.2% down year-on-year, due to a schedule correction for large diameter pipe shipments, Kallanish learns from the company.
Lower shipment volumes affected revenues, which fell by …
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Anonymous
Very good overview of the weekly steel market.
Anonymous