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TMK to raise prices for stainless steel pipes in Augus

Yeka Terinburg reported that TMK INOX, a JV between TMK and state owned Rusnano, will raise its August prices for welded stainless steel pipes.

Prices for the month of August will increase by 5% due to the rising costs of steel raw materials including cold rolled and hot rolled coils, which are used in the manufacturing of stainless steel pipes.

The increase in price is being conducted according to DIN EN 10217, DIN 11850 and GOST 11068, which apply to newly conducted contracts.

Source – Yeka Terinburg News

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