14
Feb
17:16
Welspun foresees MENA pipe recovery, December-quarter sales surge
Welspun expects Middle East and North Africa oil & gas segment pipe demand to pick up over the next few quarters, while Indian demand in both water and oil & gas remains strong. However, the third fiscal quarter through December (FQ3) confirmed that profitability is expected to be weak in the half-year through March.
FQ3 saw over 900,000 tonnes of order booking led by a recovery in the Americas and MENA. Energy prices have firmed up, resulting in strong …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous