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14 Aug
15:03

Borusan Mannesmann deliveries decline, continued US recovery foreseen

Borusan Mannesmann (BMB)’s prime quality products sales fell -5% on-year in the first half of 2019 to 328,000 tonnes, of which 68% was exported. High value-added drill and well pipe shipments increased 5% thanks to the continued recovery in the North American market. Shipments of high value-added goods, such as pressure pipes, special pipes and spiral pipes, increased 11% in H1 due to sales last year being concentrated in H2, BMB says without pro…
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