01
Aug
11:57
Vallourec foresees further Mid-East/Asia tendering growth following rebound
Oil & gas tendering activity in the Middle East and Asia should increase in the second half of 2018 following a rebound in volumes and prices in H1, according to pipemaker Vallourec.
Vallourec’s Asia and Middle East segment nevertheless saw revenue fall -5.6% on-year in H1 to €527 million ($616m) as higher volumes and prices were offset by a different product mix and foreign exchange impact.
“What we see on the oil & gas related marke…
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Anonymous
Very good overview of the weekly steel market.
Anonymous