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09 Nov
15:32

Tubacex sees Ebitda, profit grow in hard market

Spanish stainless steel and high alloy tube producer Tubacex says that it saw both Ebitda and profit increase year-on-year in the third quarter of 2016, despite a fall in sales. The company says that this was due to an increase in the market share of value-added products and the continuous improvement in operations and management. The situation in the company’s key market of oil and gas is not showing any signs of recovery in the short term, it says in a s…
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