02
Nov
12:39
Tenaris warns of weak pricing, lower Q4 profit
Tenaris achieved an increase in third-quarter revenue and improved profit, excluding certain items, but warns that sales and margins are deteriorating in the current quarter because of weaker pricing, Kallanish learns from the company's latest earnings report. Business conditions may recover in 2024.
“In the fourth quarter, our sales in the Americas will be affected by the ongoing adjustment in price levels, which continue to be affe…
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Anonymous
Very good overview of the weekly steel market.
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