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01 Mar
16:28

TMK expects strong pipe consumption levels in 2019

Pipemaker TMK expects pipe consumption by oil and gas companies to continue strong next year with demand increasingly driven by complicated hydrocarbon exploration projects, adding value to the pipe product range.  Amid continuously growing rig count in the United States during 2018, demand for oil country tubular goods (OCTG) increased. This was was however stymied somewhat in the end of the year by falling oil prices, returning inventories to standard lev…
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