Russia: metal structures market improving

According to the Association of the stele construction development (ARSS), in Q1 metal structures for construction output increased by 10% YoY. Since 2011 the growth has reached 29%. The Far Eastern Federal District demonstrated the highest growth – 2-fold. Since the beginning of the year the number of construction agreements concluded in Russia has increased…

Russia: TMK pipes sales up in Q2 2018

In April-June TMK sold 1.075 million tons of pipes, up by 10% QoQ. In H1 the combined pipe sales grew by 14% YoY, to 2.056 million tons, mostly because of the sales growth in America. TMK retains its forecast for this year unchanged and expects OCTG pipes demand in Russia to remain on the high…