29
Apr
01:00
Vallourec sees tough global markets in Q1 2015
French tubemaker Vallourec says in its first quarter 2015 operating results monitored by Kallanish that it is facing very difficult market conditions. It is therefore proceeding with implementing its so-called Valens restructuring plan (see related article).
In the oil & gas segment Vallourec forecasts a strong decline over the next quarter in US OCTG sales. This is due to the very low level of orders and increasing price pressure resulting from reduced …
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