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TMK to increase prices for tubular products for March sales

Steel News - Published on Fri, 17 Feb 2017

Image Source: Wikimedia Commons
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 :

Posted By : Rabi Wangkhem on Fri, 17 Feb 2017
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