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05 Mar
12:17

Spain’s Tubos Reunidos profit increases in 2023

Spanish seamless tube supplier Tubos Reunidos (TR) saw most of its main indicators grow in 2023 compared to the previous year, Kallanish notes. The company registered strong performance in the year's first half, supported by higher global prices for seamless pipe. During H2, however, demand weakened mainly due to the replenishment of inventories by customers and throughout the distribution chain, which resulted in a slowdown in orders. “Upstream and mid…
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