TMK expects first half to be 'filled with uncertainty'
Jan 30, 2013 | 05:16 PM
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Tags
TMK Ipsco,
fourth-quarter operating results,
TMK,
tube,
pipe,
seamless,
welded,
oil
gas
NEW YORK — OAO TMK expects the first half of the year to be "filled with uncertainty" due to changes in customer buying patterns for its pipe products and drilling activity, it said.
"It will only be in the second half of 2013 that we expect to see a more positive environment," the Russian steelmaker, parent of Downers Grove, Ill.-based tube and pipe maker TMK Ipsco, said as it released its fourth-quarter operating results. ....
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