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03 Jul
14:35

Tubos Reunidos first-half profit grows, outlook negative

Spanish seamless tube supplier Tubos Reunidos (TR) saw most of its main indicators grow in the first half of 2023 compared to the previous year and H2 of 2022, Kallanish notes. This was mainly due to an improvement in activity and strong demand in the North American market, TR president Francisco Irazusta comments. “The upstream (OCTG) and midstream sectors showed very solid performance since the second half of 2022, as well as the demand coming from the mec…
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