04
Nov
09:56
Tenaris performance remains strong, oil/gas market rebounds
Tenaris saw sales increase sequentially in the third quarter, Kallanish learns from the company's Q3 operating report. The tubemaker expects shipments to continue to recover in the next quarter, led by North America, where the market has absorbed excess OCTG inventories and prices are increasing.
Tenaris estimates the Q4 Ebitda margin will remain close to the current level as price increases compensate for costly raw materials, energy and logistic costs.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous