TMK replaces the import of premium pipe products
The current tendencies in the development of the world market of steel pipes creates opportunities for import replacement and growth, the director of the marketing department of TMK, S. Alexeev, said.
Currently the demand for pipes is narrowing. In 2015 it is expected to fall by about 5% against 165 mln tons in 2014. Though 2016 the consumption growth is to recover, the average rates of its growth in the second part of this decade will fall by 3% a year against 7% in 2001-2014. The sector of oil assortment pipes will suffer mostly. This year in some regions the demand for them will fall by over 40% against 2014.
In 2014 TMK shipped 4,377 thousand tons, 44% or 1,937 thousand tons of which are OCTG. About 67% of supplies is the stake of the Russian division, 28% - American division which faces serious difficulties now.