TMK Pipes

Revenue of TMK's Russian division increased by 6% in 2019

According to TMK's report under IFRS, in 2019, its revenue decreased by 7% compared to 2018 and amounted to $4.767 billion, mainly due to weaker results of the American and European divisions.<

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Russian pipe market to be stable in 2020

According to Evgeny Kravchenko, director of Pipe metallurgical company (TMK)’s domestic sales directorate, who spoke at the 13th all-Russian conference "Regional metal trade of Russia&qu

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TMK - life after IPSCO

TMK has several options for using funds received for IPSCO - and only debt reduction is already in the price.

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TMK successfully completes placement of Eurobond issues for $500 million for a period of seven years

TMK has announced successful closing of a deal to place a seven-year Eurobond issue worth $500 million at the rate of 4.3% per annum.

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Demand for TMK's Eurobonds is $1.7 billion

Demand for TMK's Eurobonds has made up $1.7 billion, said Denis Shulakov, the first vice-president and head of Gazprombank's capital markets unit, who was one of the organizers of the offer

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TMK's Russian division increased pipe shipments in 2019

The total volume of TMK's pipe shipments has decreased by 5% compared to 2018 due to a fall in shipments of both seamless and welded pipes (by 5% and 5% compared to 2018, respectively), which i

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TMK has closed deal to sell IPSCO Tubulars to Tenaris

Pipe metallurgical company (TMK) has completed a deal to sell 100% of IPSCO Tubulars Inc.’s shares to Tenaris. This was reported by the company.

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In the first 9 months of 2019, TMK reduced its revenue by 4% and expects EBITDA growth by the end of the year

In the first 9 months of 2019, the TMK's revenue under IAS decreased by 4% compared to the same period of the previous year and amounted to $3.667 million, the company reports.

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TNK expects good growth in value added products in 2019

TMK expects that in 2019 the consumption of pipes by companies in the fuel and energy complex in Russia will remain at a stable level, and an increase in the complexity of hydrocarbon production pr

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Metalloinvest and TMK expand partnership

Metalloinvest, a leading global producer and supplier of iron ore products and hot briquetted iron (HBI), a regional producer of high quality steel, and TMK, a global supplier of steel pipes, pipe

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