03
May
08:16
Tenaris posts lower shipments in first quarter
Global tube supplier, Tenaris, saw its sales volumes decrease quarter-on-quarter and year-on-year in the first three-month period of 2019, Kallanish learns from the company's quarterly report. The tubemaker expects shipments to be stable in the next quarter.
“We expect to consolidate our sales in the next quarter and hold margins at a similar level to 2018. Stable level of shipments, and limited capital investment requirements, should c…
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