Business & Finance

TMK Q1 steel pipes shipments up 0.4pc

Published April 29, 2013 Updated April 29, 2013 12:55pm

1 min

By Muhammad Iqbal

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MOSCOW: TMK , Russia's largest maker of steel pipes for the oil and gas sectors, said on Monday its first-quarter shipments reached 1.06 million tonnes, up 0.4 percent year-on-year.

Compared to the fourth quarter of 2012, steel pipes shipment to customers fell by 1.3 percent, the company, controlled by businessman Dmitry Pumpyansky, said in a statement.

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