25
Jul
09:45
Tubacex reduces second-quarter sales, but outlook strong
Spanish stainless steel seamless tubemaker Tubacex reported a decline in both sales and profitability in the second quarter of 2019, Kallanish learns from the company's operating report.
The overall and gradual market recovery is becoming more consolidated after nearly four years of crisis in the energy sector. Therefore, in the first half of 2019, Tubacex’s order intake has increased by 40%, the company says.
“Tubacex…
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Anonymous
Very good overview of the weekly steel market.
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