11
May
01:00
Spain's Tubos Reunidos sees further contraction in Q2 followed by Q3 rebound
After a first quarter characterized by the oil price fall and substantial reduction in OCTG demand, Spain’s Tubos Reinudos (TR) expects a further contraction in Q2 followed by a partial recovery in Q3, Kallanish learns from the firm’s quarterly report.
The company’s sales in the energy-generation and petrochemical segment increased by 4.4% on-year in Q1, mostly driven by large-diameter (LD) tubes and the appreciation of the dollar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous