18
Nov
11:05
Brazil proves key for Vallourec earnings, outlook positive
Tubemaker Vallourec saw improved third-quarter performance in Brazil. The country played the most important role in Vallourec’s global Q3 revenue, with a 36.2% contribution, Kallanish learns from Vallourec`s latest earnings report.
“The Group benefited from a strong contribution from its iron ore mine in Brazil, although prices are experiencing a sharper decrease than anticipated,” says Vallourec chairman Edouard Guinotte. He expec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous