21
Feb
08:59
Vallourec foresees strong 2019, will divest but invest
French tubemaker Vallourec saw strong results in 2018 as it implements its cost-down and optimisation plan and recovers lost sales volumes due to the downturn of the oil and gas sector. The company is to launch the divestiture of its assets dedicated to coal-fired conventional power plants, Vallourec says in its financial results monitored by Kallanish.
The company expects continued recovery in the oil and gas sector primarily driven by international markets. It…
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