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01 Mar
11:35

Tubacex restructuring hits performance in 2017

Spanish stainless seamless tubemaker Tubacex expects a recovery in both its production and financial results in 2018 after seeing a fall in sales and net profit last year, Kallanish learns from its operating report. The company saw record order levels for high value-added products in 2017 and these will show a positive impact as from the first quarter of 2018, it says. “It seems that the worst of the crisis in the oil and gas sector has pass…
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