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12 May
09:39

Energy transition hampers Tubacex first-quarter performance

Spanish stainless seamless tube maker Tubacex saw its overall results dip in the first quarter as a result of unfavourable market conditions, Kallanish learns from the company's operating report. The results were below expectations made at the end of 2020 following a drop in demand, which lead to a fall in the order backlog, Tubacex comments. The main sector in which the company operates, Oil & Gas, was immersed in a structural crisis a…
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