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29 Apr
11:56

Tubacex first-quarter performance grows, outlook positive

Spanish stainless seamless tubemaker Tubacex improved performance in the first quarter, in spite of the turbulent and unstable situation in the global economy, Kallanish learns from the company's operating report. “Despite external uncertainties, order intake for the quarter remained solid overall, boosting the backlog to more than €500 million [$527.3m], reaching the highest value in the past four years,” Tubacex comments. &ldq…
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