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18 Jul
21:39

Pipe shipments rise for TMK's Americas division

Pipe shipments increased significantly both on quarter and on year for Russian steelmaker TMK's Americas division, Kallanish finds. Total pipe shipments increased 7% to 247,000 tonnes from the first quarter to the second, led by a 14% increase in seamless pipe due to "...continued growth in US drilling activity and higher complexity of oil and gas extraction drove increased demand for seamless OCTG (oil country tubular goods)," the company says. …
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