02
Nov
10:20
Tubos Reunidos underperforms in third quarter
Spanish special seamless tube supplier Tubos Reunidos (TR) saw both production and financial performance fall in the third quarter, hit by the Covid-19 pandemic, Kallanish learns from TR's last quarterly report.
The drastic Covid-19-related cut in investments had a significant impact on activity and therefore on incoming orders in the last few months, with declines of around -50%.
“Covid-19 has nullified the Group's good start of the year, impa…
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Anonymous
Very good overview of the weekly steel market.
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