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15 Nov
09:50

Vallourec third-quarter revenue rises in Brazil, outlook positive

French tubemaker Vallourec saw its performance in Brazil improve year-on-year in the third quarter, Kallanish learns from the company’s Q3 earnings report. The group anticipates drilling activity in Brazil will increase in Q4 and foresees a positive performance in 2020. “Vallourec's sales from mining operations in Brazil increased at better prices,” says Vallourec chairman Philippe Crouzet. The company estimates its iron ore …
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