It's reported that Russia-based TMK, a major global supplier of steel pipes for the oil and gas sectors announced that its pipe sales dropped by 5% quarter on quarter to 1.05 million tons in the third quarter of this year. The firm indicated that the decreased pipe sales were caused by weak market. In the first nine months of this year, the company's pipe sales amounted to 3.16 million tons, remaining flat in comparison of the figures in the same period of a year ago.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61838&division=A4
