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29 Jan
20:07

TMK releases Americas earnings guidance

Russian steel producer TMK expects its American division to turn a profit of $20.7-29.2 million when it announces its fourth-quarter results, Kallanish reports. TMK Ipsco is projected to produce revenue in Q4 of $313-332 million. The American division saw an almost 100% increase in tubes shipped from full-year 2016 to 2017. A date for the release of the final financial information for TMK Ipsco was not concurrently announced. 
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