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TMK announced H1 European division update

Steel News - Published on Fri, 20 Jul 2018

2Q 2018 vs. 1Q 2018
Shipments of seamless pipe increased 16% quarter-on-quarter, recovering to normalized shipment levels after 1Q 2018, when low shipments of industrial pipe were recorded due to pre-planned maintenance works in January 2018.

1H 2018 vs. 1H 2017
Shipments of seamless pipe increased 5% year-on-year due to more favourable market conditions. In 1H 2018, a significant shift in the product mix towards higher margin products was recorded.

Product2Q 20181Q 2018Change1H 20181H 2017Change
Seamless pipe – Total544616.00%100955.00%

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Posted By : Amom Remju on Fri, 20 Jul 2018
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