14
May
08:57
Vallourec’s first-quarter revenue falls in Brazil
French tubemaker Vallourec saw its performance in Brazil fall year-on-year in the first quarter, Kallanish learns from the company’s latest earnings report. The group still anticipates drilling activity in Brazil to increase in 2020, while sales volumes to industry sectors should be impacted by the Covid-19 crisis.
“Despite the current disruption in some of our markets, we will benefit from demonstrated resilience levers, such as increas…
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Anonymous
Very good overview of the weekly steel market.
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