In January-March, TMK sold 966 thousand tons of pipes, down by 2% YoY and by 4% QoQ.
The negative dynamics was mostly caused by the drop in sales in the American division.
At the same time OCTG pipes sales increased by 4% YoY, to 481 thousand tons.
This year TMK expects pipe consumption by Russian oil and power sector companies to remain on the high level. (Ukrainian metal)