Russia: steel pipes consumption to grow

Pipes are among the most important steel products on the Russian market. According to TMK regional sales director Andrei Trofimov, in 2015 pipes accounted for 27.6% of the steel consumption on the local market, as opposed to 11.2% in the world on average. Pipe consumption increase is expected due to the revival of oil and…

Russia: MMK to increase sales in 2016

This year MMK plans to increase sales by 245 thousand tons YoY, to 11257 thousand tons. The local market will receive 7144 thousand tons, with 3136 thousand tons to be exported. Hot-rolled flats sales will drop to 3048 thousand tons due to the decrease in demand on behalf of pipe manufacturers; cold-rolled metal sales will…