Russian pipe sales to repeat strong performance in 2012, development fund says

Apr 13, 2012 | 10:51 AM |

Sales by Russian pipemakers are expected to stay flat in 2012 or to fall by only a few percentage points compared with last year, the head of the Russian Pipe Industry Development Fund, Alexander Deineko, said on Thursday April 12. A strong performance in 2011 saw sales by steelmakers including TMK, OMK and ChelPipe total 9.9 million tonnes. Replicating this total in 2012, or seeing only a slight fall, will be seen as a good result.....

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