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24 Aug
19:09

Energy pipe producers mulling capacity cuts, sources say

US energy pipe producers are struggling with razor-thin margins due to on-going weakness in the oil and gas industry, a situation that may force some marginal players out of the market, Kallanish hears from market sources. Russian steelmaker TMK denied local media reports that it plans to divest its American division, TMK Ipsco. However, at least some of TMK’s competitors are reportedly shopping around their assets – and finding little interest in…
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