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03 Apr
14:22

Tenaris' Romanian plant increases sales, completes mill revamp

Tenaris Silcotub increased revenue 18% on-year in 2018 to $555 million, according to the firm’s executive president, Mihaela Popescu. The global pipemaker’s Romanian pipe mill recently completed an $8m refurbishment of its OCTG finishing line. “Silcotub's steel production has grown rapidly in the past three years,” Popescu said at a press event in Romania last week. “We have reached almost half a billion dollars in investme…
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