12
Nov
16:55
Tenaris aims for direct sales model in US
Global tube producer Tenaris wants to cut down on its reliance on distributors in the US to even out inventory bumps in the supply chain, Kallanish learns from the company’s quarterly conference call with analysts.
Like competitor Vallourec, Tenaris believes its supply chain is nearing the end of its destocking phase. By the middle of next year, destocking should be complete and the North American rig count should begin to recover, says chairman and chief …
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Anonymous
Very good overview of the weekly steel market.
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