23
Nov
10:53
Mid-East tendering activity recovers, prices still low: Vallourec
OCTG prices in the Middle East remain low despite a good level of oil & gas tendering activity in the region, according to Vallourec. The firm’s Asia & Middle East segment revenue fell -12% on-year in the nine months through September to €767 million ($871m).
“There is a good level of activity in the Middle East, and big tenders continuing to flow to the market,” Vallourec chairman Philippe Crouzet said on a conference call monitor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous