10
Sep
10:25
Tubos Reunidos renegotiates debt as US tariffs hit
Spanish special seamless tube supplier Tubos Reunidos (TR) says it has begun renegotiating its €207.7 million ($240.7m) debt with its main creditor banks, Kallanish learns from a TR note to Spanish securities market commission CNMV.
The company has seen its plan to reduce costs and improve productivity strongly impacted by US tariffs. Tubos Reunidos has realized less than half of its planned sales in the US since the tariffs were im…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous