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09 May
13:06

Tubacex improves performance in first quarter

Spanish stainless seamless tubemaker Tubacex saw both its sales and financial results improve in the first quarter of 2018, Kallanish learns from the company's operating report. Although the market continues to be weak in terms of volumes and prices, Tubacex is showing first signs of recovery, it says. The tubemaker expects an increase in its operating result and a progressive reduction in its net debt in the second half of 2018. …
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