In January-June the Pipe Metal Company increased sales by 4.1% YoY, to 1.808 million tons.
The increase was spurred mostly by the demand growth for seamless pipes, the company said in a statement. Seamless pipes sales increased by 16.9%, to 1.346 million tons.
Welded pipes sales dropped by 21%, to 462 thousand tons due to the decrease in demand for large diameter pipes.
In Q2 TMK sold 507 thousand tons of steel pipes, up by 12.6% QoQ.
Welded pipes sales increased by 41% QoQ, to 270 thousand tons. (Ukrainian metal)
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