18
Feb
10:35
Vallourec foresees tough 2021 for oil and gas
Global oil and gas activity is expected to remain subdued in 2021, says French pipemaker Vallourec in its 2020 earnings report seen by Kallanish.
The EA-MEA segment should face difficult market conditions with no recovery visible before 2022. Vallourec’s markets are expected to slowly restart in 2021, and its iron ore mine activity should bring an increased contribution. In this context, the company will continue deploying its cost savings and cash manageme…
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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