TMK says pipeline sales fall by 1% to 710,000 tns in January–March

MOSCOW, Jun 8 (PRIME) – The sales of pipelines of Russian oil and gas pipe producer TMK fell by 1% on the year to 710,000 tonnes in January–March, the company said in a statement on Thursday.

Welded pipeline sales decreased by 15% to 160,000 tonnes, while the seamless pipe sales rose by 5% to 550,000 tonnes.

The company incorporated the output of Chelyabinsk Pipe Plant (ChelPipe), in which TMK bought 86.54% in March, for March 16–31.

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