03
Aug
11:21
Tenaris posts strong Q2, warns Americas activity weakening
Tenaris saw its performance strong both quarter-on-quarter and year-on-year in Q2, Kallanish learns from the company's last earnings report. Following record results in the first half, the company anticipates sales and margins to be significantly lower in the coming quarters.
¨Our result for the rest of 2023 will be lower compared to sales in the first quarter which reached a 15-year high,” Tenaris says. ¨Although we expect shipments in the …
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Anonymous
Very good overview of the weekly steel market.
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