02
Aug
09:15
Tenaris grows sales year-on-year in second-quarter
Global tube supplier, Tenaris, saw both its sales and financial performances improve year-on-year in the second quarter of 2018, Kallanish learns from the company's operating report. Margins improved on higher average selling prices despite lower shipment volumes, resulting in a 5% sequential increase in operating income. Net income, however, declined sequentially due to deferred tax charges relating to the devaluation of the Argentine and Mexica…
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Anonymous
Very good overview of the weekly steel market.
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