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13 Mar
14:30

US recovery helps boost Borusan Mannesmann sales

Borusan Mannesmann’s prime quality products sales rose 12% on-year in 2018 to 833,000 tonnes, of which 625,000t were exported. Revenue generated by the Turkish pipemaker was up 28% and gross profit up 15%. High value-added drill and well pipe shipments increased 6% thanks to the recovery in the North American market, the firm says without providing tonnages. Shipments of high value-added goods, such as pressure pipes, special pipes and spiral pipes, inc…
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