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23 Aug
13:55

Borusan Mannesmann sales dip despite US strength

Borusan Mannesmann recorded a -6% on-year decline in prime-quality product sales in the first half of 2018 to 346,000 tonnes, of which 66% was exported, Kallanish learns from the Turkish pipemaker. Sales to the automotive sector hit a new record, rising 3% on-year, Borusan says without providing tonnages. High value-added drill and well pipe shipments surged 22% thanks to the demand recovery in North America. Sales of high value-added goods, such as pressur…
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