07
Oct
10:28
Tenaris Siderca sees production fall sharply
Argentinian tube maker Tenaris Siderca, part of the Techint Group, has lowered its production to unprecedented levels in the last six months, says its chief executive, Javier Martínez Álvarez. The deceleration is due to a sharp contraction in demand as a result of the Covid-19 crisis.
“Reduced mobility and surpluses in the market have affected Siderca's activity levels in unprecedented ways,” Martínez said in a conference call …
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