30
Apr
09:27
Tenaris foresees lower shipments for rest of 2018
Global tube supplier, Tenaris, saw both its sales and financial performances improve in the first three months of 2018, Kallanish learns from the company's quarterly report. Nevertheless, the tubemaker expects the rest of the year to be more challenging.
“In the coming quarters, we expect shipments to be lower than the first quarter but sales and margins should benefit from price increases that compensate recent increases in raw material costs. Ebitda&…
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Anonymous
Very good overview of the weekly steel market.
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