04
Nov
09:18
Tenaris third-quarter performance slips, revenue grows
Tenaris' net sales increased on-quarter in the July-September period, although shipped volumes were lower. The tubemaker expects its shipments to remain strong for the coming months, Kallanish notes.
Global drilling activity continues to increase, led mainly by the Middle East. Offshore drilling is improving, while global demand growth for OCTG is seen surpassing pre-Covid levels in 2023. Pipeline activity is also advancing to support oil and ga…
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Anonymous
Very good overview of the weekly steel market.
Anonymous