26
Apr
08:21
Tubacex first-quarter sales fall, outlook positive
Spanish stainless seamless tubemaker Tubacex saw performance deteriorate in the first quarter, Kallanish learns from the company's operating report.
The fall is mainly explained by declining nickel prices, an increase in inventory related to projects that will be executed in the coming quarters, and the delay of certain projects for the second half of 2024.
The company’s order book stands at €1.6 billion ($1.7 billion). The record or…
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Anonymous
Very good overview of the weekly steel market.
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