TMK Pipes

TMK Chermet exceeded Q1 plan on scrap metal storage by 26%

On the results of Q1 2017 TMK Chermet (in the structure of TMK) exceeded the plan of scrap metal sale of ferrous metals to TMK plants by 26% having shipped 494 thousand tons of scrap metal, TMK rep

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In Q1 of 2017, TMK shipped 850 thousand tons of steel pipes

TMK’s regional sales director O.

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In Q1, TMK’s consolidated net profit grew to $42 mln

In the first quarter of 2017, the TMK's net profit under IAS made up $42 million, increased 3 times compared to the same period a year earlier, the company informs.

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In Q1, TMK Pipes increased shipment of pipes by 0.6%

In the first quarter of 2017, the pipe metallurgical company TMK, one of the largest producers of pipes for the oil and gas industry in the world, increased the shipment of steel pipes by 0.6% comp

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TMK: IPO

On April 20, TMK plans to collect bids for 10-year BO-06 bonds to the amount of 5 billion rubles.

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TMK announces its Q4 2016 and 2016 results under IAS

Final results for Q4 and 2016.
Financial results

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TMK is not in hurry to increase dividends

TMK of Dmitry Pumpyansky is ready to pay the final dividends for the year, which it didn’t do for the past three years, but is not going to increase the base of the payments.

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In 2016, TMK Pipes made profit of $166 mln

In 2016, the net profit of TMK Pipes under IAS made up $166 million against the loss in the amount of $368 million in the previous year, the company reports.

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TMK Steel Holding increases its share in TMK to 65%

The majority shareholder of TMK - Cyprus company TMK Steel Holding Limited, the main beneficiary of which is businessman Dmitry Pumpyanskiy – has increased its stake in TMK from 51.6 to 65%,

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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