25
Sep
11:14
Tenaris foresees sales increase in H2
Tenaris foresees an improvement in both its financial and sales performance in the second half of 2017, Kallanish learns from the company's investor presentation held at the London Stock Exchange last week.
The tubemaker forecasts an increase in sales and Ebitda, with Ebitda margin estimated to get close to 20% in H2. The firm sees demand for OCTG tubes reaching 12.1 million tonnes this year, or 3.3mt more compared to the 8.8mt recorded in 201…
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Anonymous
Very good overview of the weekly steel market.
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