TMK Group , steel tubes | 21 February 2017 г. | 12:00

TMK to increase prices for tubes of its russian division

TMK to increase prices for tubes of its russian division
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announced a 5% increase in selling prices for the entire range of tubular products offered by its Russian division from 1 March 2017.

The price increase will apply to all consumer categories. The key driver behind the announced price increase is a substantial growth of material costs and other operating cost items in the second half of 2016, affecting the Company’s overall production costs.

Source: Metal Supply and Sale Magazine
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