Devaluation and sanctions help Russian pipe producers.

The devaluation of the rouble and Western sanctions create new opportunities for the pipe industry. Russian pipe producers occupied niches formed by the departure of a number of foreign companies from the Russian market, as well as increased the exports, Dmitry Pumpyanskiy, the chairman of the board of directors of the Pipe Metallurgical Company (TMK), stated on the sidelines of the World Economic Forum in Davos, according to TASS.

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