Russia: pipe exports down in H1 2019

In January-June Russia exported 1.7 million tons of pipes valued at $808 million, down by 26% and by 51% YoY respectively. According to the customs statistics, Kazakhstan remains the main importer of Russian pipes, accounting for 41.6%, up 2.6-fold. It is followed by the US (15.7%, up 1.7-fold) and Belarus (11%, down by 1.6%). The…

Russia: Gazprom expecting pipe price rise

Gazprom fears that quotas for hot-rolled metal of Ukrainian and South Korean origin will result in the large diameter pipes price increase and the monopolization of the sphere. Thus, the gas monopoly has joined a list of those not in favor of the EEC decision. The decision of the European Economic Commission to impose a…