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04 Oct
11:41

Ferrum's first-half sales grow, notes project cost overruns

Ferrum’s sales of own-produced pipe fell 19% on-year in the first half of 2021 to 46,800 tonnes. However, overall pipe sales, including traded products, rose by 13,400t to 82,900t, Kallanish notes. The Polish pipemaker says it is noting a dynamic rise in pipemaking feedstock prices, which is being passed on to finished product prices. This could hamper investment plans in market segments where projects depend on public procurement rules, as the initially bud…
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