18
Nov
17:55
TMK sees North American oil recovery on horizon
Slow but steady improvements in the North American oil and gas market trimmed Russian steelmaker TMK’s losses in the region during the third quarter, Kallanish learns from the company’s quarterly earnings review.
TMK’s sales in North America increased from 65,000 tonnes in Q2 to 74,000 t in Q3, concurrently pushing revenue up from $75 million to $106m, Kallanish reports.
The company posted a Q3 gross loss of $7m, as opposed to Q2’s los…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous