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17 Apr
16:20

Stable drilling, oil prices drive OCTG demand: TMK

TMK says stable drilling activity and high oil prices will ensure continued strong OCTG demand in Russia in 2018. Group shipments are expected to increase this year primarily due to growth in the American market. European seamless pipe shipments are seen growing due to the new heat treatment line at TMK Artrom. TMK’s consolidated shipments grew 1% on-quarter in the first quarter to 843,000 tonnes, the Russian pipemaker tells Kallanish. Welded pipe sales gr…
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