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13 Nov
10:05

Oil price improvement may boost wire sales; Bekaert

Belgian wire specialist Bekaert is seeing some improvement in the oil and gas sector as oil prices have been rising slowly but steadily for the last 6 months, it says.  “If this trend continues, we may start to see some investment activity in this market in the near future. This would create opportunities for Bekaert's profiled wires for flexible pipes as well as for the Bridon-Bekaert Ropes Group where the projected recovery is taking longer than…
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