29
Apr
16:05
Tenaris foresees another tough year ahead
Tenaris expects low margins and a second consecutive year of net destocking as a result of reduced drilling activity and global high OCTG inventory levels, Kallanish learns from the tubemaker’s first quarter 2016 report.
Whilst oil prices have risen from their lowest point in January, the market should sustain higher levels for “… some months before oil and gas companies begin to increase investment levels.” Following this, Ternium expec…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous