20
Feb
08:43
Tenaris sales, profit fall in 2019
Tenaris’ performance was hampered in 2019 by lower drilling activity in Canada and the US, as well as a sales decline in the Middle East and Africa. Tenaris anticipates sales should improve in 2020, Kallanish notes.
“We expect to increase sales this year with the expansion of our position in the US market through the integration of IPSCO and higher sales of premium products for offshore drilling projects,” Tena…
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Anonymous
Very good overview of the weekly steel market.
Anonymous