Russia: pipes output down in November 2016

In November pipes output continued falling, dropping by 2.1% MoM to 839 thousand tons. In January-November steel pipes output decreased by 12.2% YoY, to 9.2 million tons. Seamless pipes output in November reached 279 thousand tons, up by 5.3% MoM, large diameter electric-welded pipes – 244 thousand tons, down by 6.2%, other electric-welded pipes –…