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06 Nov
10:22

Tubacex remains optimistic despite third-quarter sales dip

Spanish stainless steel seamless tube maker Tubacex saw both its sales and profitability decrease in the third quarter of 2019, Kallanish learns from the company's operating report. The company is optimistic about the short-term outlook thanks to a record portfolio of orders and almost 100% of the 2020 capacity already sold in the umbilical offshore tubes segment. It is also satisfied with its position in key regions where the compan…
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