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02 Mar
07:38

Tubos Reunidos narrows losses in 2017

Spanish special seamless tube supplier Tubos Reunidos (TR) improved its performance in 2017, Kallanish learns from the company's annual results statement. Sales and Ebitda were positive for the year but the company has failed to return a profit again The company is forecasting North American demand for OCTG products to rise further in 2018, and moderate recovery in other markets with competition still strong. “The raw materials’ and ferroall…
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