TMK announces financial results for Q4 and 2013 (under IAS)

  • The volume of pipes sale grew by 7% as compared with the previous quarter and made up 1 090 thousand tons, mainly due to increase in sale of seamless oilfield casing and tubular goods (OCTG)  and line pipes by the Russian division.
  • The volume of sale of seamless pipes grew by 15% as compared with the previous quarter and made up 617 thousand tons. The sale of OCTG seamless pipes and line pipes increased by 21% and 19% respectively as compared with the previous quarter due to seasonal increase in demand from oil and gas companies.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

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