16
Feb
10:20
Increased drilling lifts Tenaris fourth-quarter Mid-East/Africa sales
Tenaris sales to its Middle East and Africa-based customers in the fourth quarter of 2022 grew 30% on-quarter and 45% on-year to $303 million, backed by continuously increasing drilling activity.
"The sales increase was a reflection of higher sales of OCTG in the United Arab Emirates and higher sales of line pipe in Iraq and the Caspian area to support oil and gas developments,” the firm says in its late…
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Anonymous
Very good overview of the weekly steel market.
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