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.
Product | 2Q 2018 | 1Q 2018 | Change | | 1H 2018 | 1H 2017 | Change
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Seamless pipe – Total | 54 | 46 | 16.00% | | 100 | 95 | 5.00%
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Source : Strategic Research Institute, SteelGuru