Russia: Amurstal sales up in August 2018

In August Amurstal shipped 63.1 thousand tons of steel via railroad, up 2.6-fold YoY. Moreover, this year sales have been growing each month, resulting in August seeing the highest sales since April 2015. In January-August the company sold 351.4 thousand tons of metal, up 6.4-fold YoY. The annual result of the previous year has been…

Russia: OCTG pipe market in 2018 to grow

In 2017 Russia witnessed a considerable increase in the consumption of the Oil Country Tubular Goods (casing, drilling and compressor-pump pipes). In particular, consumption grew by 12% YoY, to 2.3 million tons. This year the demand for OCTG pipes will continue growing. The main driver of the demand increase will be the growing length of…