OMK expects increase in its revenue

United metallurgical company (OMK) expects an increase in its revenue by results of the year by 15-20% due to the increase in pipe prices and production volume. Pipe companies benefit from foreign exchange differences, which adds them to some optimism, but Russian consumers of their products are not so pleased, since from December the domestic prices of pipe increased by 30-40%.

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