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02 Aug
15:51

TMK's second-quarter shipments increase on strong domestic demand

Russian pipemaker TMK saw a stronger second quarter in terms of shipments but not enough to prevent the company overseeing a decline in shipments in the first half of 2019. In a note sent to Kallanish, TMK says that it expects strong consumption to prevail in yhe Russian market in 2019. This is supported by the ongoing strong demand from Russian exploration companies amid complex geological conditions keeping demand for high tech products robust, ceo Igor Korytk…
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