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04 Aug
09:08

Higher prices boost Tenaris second-quarter performance

Tenaris sales increased on-quarter in the second quarter. The tubemaker expects its shipments to remain strong in the coming quarters, Kallanish notes. Global drilling activity continues to increase, led by North America and the Middle East. Offshore drilling is growing with deep-water projects in Brazil, Guyana and sub-Saharan Africa, while pipeline demand is recovering in the Middle East and South America, T…
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