In January-September TMK decreased pipes sales by 2% YoY, to 2.93 million tons, mostly due to the drop in sales in the American division.
Sales of seamless pipes went down by 1%, to 2.003 million tons, and welded – by 5%, to 927 thousand tons.
Sales of OCTG pipes decreased by 4%, to 1.364 million tons.
“This has been partially compensated for by the growth in the Russian division – by 5%, mostly with seamless OCTG pipes and large-diameter pipes”, the company noted. (Ukrainian metal)