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29 Oct
12:38

TMK sees ongoing demand despite weak third quarter

Russian pipemaker with production assets in the US TMK expects ongoing strong demand in 2018 in its key markets, says ceo Alexander Shiryaev. Despite demand slowing down in the US in the third quarter in the wake of the imposition of Section 232 duties and planned maintenance works at Russian assets, the company's nine-month shipments increased on-year. Shipments are likely to increase on-year for full-year 2018, the company says. Ther…
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