18
Nov
11:25
TMK sees strong OCTG, weak Europe in Q4
Russia’s TMK expects stable full-year results, despite industrial pipe consumption remaining relatively weak in the European market during the last quarter of 2016, Kallanish learns from the company.
For the first nine months of 2016 the Russian pipe market declined by -10% year-on-year, due to significantly lower large diameter pipe (LDP) demand following the record high volumes of 2015. OCTG consumption increased by 5% on-year, supported by the grow…
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Anonymous
Very good overview of the weekly steel market.
Anonymous