19
May
12:47
TMK guides for roughly flat ebitda in 2016
Russia's TMK expects its ebitda to remain "... roughly flat" on-year in 2016 and above the first-quarter annualised level. It will be supported by the stable performance of the Russian division and improved financial results of the North American division, the pipemaker says in its Q1 results report.
TMK expects Q2 sales in Russia in line with the Q1 sales as higher demand for industrial pipe is seen offsetting seasonally lower OCTG consumption, ac…
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Anonymous
Very good overview of the weekly steel market.
Anonymous