17
Oct
14:34
TMK expects marginal 2016 decline in pipe shipments
Russia’s TMK expects a marginal year-on-year decline in shipments for the full year 2016. This is because the European market is expected to show sluggish demand for industrial pipe as the construction and repair season is coming to an end, and consumers seek to run down their inventories at year-end.
According to TMK, fourth-quarter demand for OCTG will grow due to the start of the procurement season for tubular products at Russian oil and gas companies, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous