04
May
09:47
Tubos Reunidos returns to profit, sees OCTG improvement
Spanish special seamless tube supplier Tubos Reunidos (TR) has returned to profit for the first time since June 2015, Kallanish learns from the company's first quarter 2017 results statement. The company expects OCTG demand this year to jump from the lows of 2016, it says in its outlook.
TR saw a reversal in the downward trend of its results mainly due to a recovery of sales in Q1, which reached €80 million ($87.9m), up by 56.6% year-on-y…
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Anonymous
Very good overview of the weekly steel market.
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