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27 Jul
11:07

Vallourec forecasts improved demand from oil and gas

French pipemaker Vallourec forecasts sales volumes for the oil and gas sector in the EA-MEA region to continue to improve in the coming quarters as cost increases will be passed on to customers. A softer market however is expected for the Industry & Other division in Europe, with price increases that should offset cost inflation, the company says in its first-half-of-2022 financial report monitored by Kallanish. “Our tube business continues to operate i…
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