TMK plans to increase shipments in 2017
In 2016, TMK shipped a total of 3,440k tonnes of tubular products, down 11.2% y-o-y. The decline was mainly due to lower welded pipe sales. Seamless pipe shipments remained almost flat y-o-y at 2,399k tonnes.
Welded pipe shipments were 1,042k tonnes, down 28.7% y-o-y, mainly due to lower output across all types of welded pipe at the American division and lower consumption of large-diameter pipe (LDP) in Russia.
OCTG shipments were down 5.3% to 1,401k tonnes, mostly due to ...