NA tube market to continue growth on energy mart: TMK

Apr 24, 2014 | 05:11 PM | Thorsten Schier

Tags  OAO TMK, TMK Ipsco, oil country tubular goods, OCTG, line pipe, earnings report, Thorsten Schier

NEW YORK — OAO TMK, the parent company of TMK Ipsco, remains bullish on both the domestic oil country tubular goods (OCTG) and line pipe markets this year.
“In the American market, TMK expects demand for OCTG to continue to improve as the number of wells and footage drilled increases with the average rig count, both in total number and particularly in the number of horizontal rigs,” the Russian pipe and tube maker said in its first-quarter operational statement, with the....

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