Support The Moscow Times!

TMK Shipments Up in Q4

TMK, Russia's largest maker of steel pipes for the energy sector, said fourth-quarter shipments reached 1.04 million tons, up 0.8 percent from the third quarter, thanks to strong growth in its American division.

Product shipments in the division grew 9.9 percent quarter on quarter to 295,000 tons.

TMK also said it expects some growth in shipments this year. "TMK expects a slight increase in total shipments in 2012 over 2011 given the existing agreements with the company's customers and continuation of current market trends," it said.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.