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28 Jul
09:01

Tubacex foresees better times in second half-year

Spanish stainless steel tube manufacturer Tubacex saw both its sales and Ebitda reduce in the first half of 2017, Kallanish learns from the company’s second quarterly report. Despite this, net profit actually rose and the tubemaker forecasts a gradual improvement in performance by the end of 2017. Despite the persistent historically low price of raw materials, demand from large volume projects for the supply of tubes for large…
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