TMK has published its accounting for Q1
Edited by Rhod Mackenzie / 2013-05-30 11:24:26
TMK has published its non-audited consolidated operational results for January – March, the period that finished on March 31 2013 in accordance with ISA.
Total pipes sales declined by 2% to 1.060 million tons versus Q4 2012, due to the decline in demand in the segment of industrial purpose welded pipes. In comparison to Q1, pipes sales increased by 5% due to growth in consumption of large diameter pipes, seamless linear pipes and seamless cut pipes of oil and gas segment (OCTG).
