07
Aug
15:38
Tenaris foresees IOC recovery, Mid-East LNG project participation
Tenaris foresees a gradual recovery in new international oil company (IOC) projects, and has secured a good share of upcoming gas expansion ventures in the Middle East.
The pipemaker’s Middle East & Africa segment net sales surged 41% on-year in the second quarter to $299 million. Sales of OCTG to the Middle East increased, but shipments to East Mediterranean pipelines were sharply lower following first quarter deliveries to the Zohr pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous