28
Jul
11:55
Vallourec anticipates positive second half
French pipemaker Vallourec says it sees US pricing stabilising in the second half of the year at “healthy levels” and market headwinds slowing.
A decline in tube prices and profitability due to lower sales volumes should be slightly offset by higher international pricing in the third quarter, the company says in its first-half earnings report monitored by Kallanish.
While US prices are forecast to decrease moderately in Q3, sales volumes should botto…
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Anonymous
Very good overview of the weekly steel market.
Anonymous