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Home / Metal News / Steel pipe shipments of Russian TMK: in the second quarter were 666000 tons, down 8% from the previous quarter.

Steel pipe shipments of Russian TMK: in the second quarter were 666000 tons, down 8% from the previous quarter.

Jul 23, 2020 10:02

Source:SMM

SMM: Russian steel pipe manufacturer TMG Zhou said that steel pipe shipments in the second quarter of this year were 666000 tons, down 8% from 727000 tons in the first quarter.

Shipments of large-diameter pipes decreased month-on-month, down 42% in the second quarter compared with the previous quarter. The company said this was mainly due to a decline in demand due to a difficult macroeconomic environment.

Steel pipe shipments in the first half of this year were 1.39 million tons, down 13% from the same period last year.

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