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01 Mar
08:26

Tubacex sees Covid-19 impact 2020 performance

Spanish stainless seamless tube maker Tubacex says its sales and income slowed in 2020 due to lower orders as a result of the Covid-19 pandemic. Lower demand in the last few months is expected to result in weak performance for the first two quarters of 2021, according to the company. “Thanks to the crisis management plan involving base cost reduction, ensuring structural liquidity and signing strategic long-term agreements with key customers, the Group offer…
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