05
May
01:00
Vallourec lays off workers, cuts output at French tube mills
French tubemaker Vallourec continues to see difficulties with its domestic tubemaking operations, Kallanish learns from sources close to the company.
After having been idled in February, the tube mill in Déville-Lès-Rouen, Northern France, is currently working at reduced capacity. The facility employs 400 workers and supplies the oil and gas sector. A weak order intake from that segment has heavily impacted the competitiveness of the sit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous