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15 Sep
16:15

Tenaris plans Algoma Tubes restart

Tenaris plans to restart its Algoma Tubes facility in November, Kallanish learns from a company announcement. The facility was idled in March “… due to the impact of unfairly traded imports and a prolonged industry downturn,” Tenaris says. About 120-150 union employees laid off as a result of the idling are expected to be recalled. “While market volatility persists, a modest improvement in Tenaris’s forecast, as well as progress…
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