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29 Mar
15:12

Tenaris lifts outlook for global OCTG demand

Tenaris, the global seamless tubes supplier, has lifted its outlook for global OCTG demand for 2017 indicating it will increase over 37% year-on-year, Kallanish learns from a company presentation. The group estimates that global demand will reach 12.1 million tonnes this year, up significantly from the 8.8mt in 2016 and above the 11.6mt seen in 2015. The main boost to the market will be given by the recovery in the demand in the US and Can…
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