13
Jan
14:14
Russian pipe holds despite reduced hydrocarbon output: TMK
OCTG and line pipe consumption will remain flat year-on-year in 2017 despite Russian oil and gas companies’ planned oil production cuts, according to pipemaker TMK. OCTG demand alone may see moderate growth. Large-diameter pipe (LDP) use, however, is seen declining due to the completion or rescheduling of major pipeline projects.
Overall, TMK expects an on-year increase in its 2017 shipments, primarily thanks to the recovery of the North American mark…
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Anonymous
Very good overview of the weekly steel market.
Anonymous