17
Feb
09:40
Tenaris foresees Mid-East recovery following strong 2021 earnings
Tenaris’ sales increased in the fourth quarter, as the tubemaker improved full-year 2021 performance on-year thanks to a recovery in drilling activity and OCTG prices in North America, Kallanish notes.
“We anticipate further increases in sales on higher prices in North America and shipments to an offshore pipeline in Europe in the first half of this year,” Tenaris comments. “In Q2 we should see a significant recovery of sales in the Mi…
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Anonymous
Very good overview of the weekly steel market.
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