Russia to see a recovery of steel pipe industry by 2026

Source: Mysteel Mar 10, 2025 15:00

Experts forecast a slowdown in the rate of decline in steel pipe consumption in Russia this year, with a rebound expected in 2026, driven in part by pent-up demand.

Despite continuing sales volumes, the financial performance of TMK, one of Russia's leading steel pipe producers, was unsatisfactory last year. The high key rate, lower investment activity in the country, and limited opportunities in the oil and gas industry continue to have a negative impact on the results of