28
Apr
12:46
Tenaris expects new Middle East tenders, better margins
Tenaris is observing heavily increasing drilling activity in the Middle East and offshore regions and expects better margins in new contracts, Kallanish notes.
In its Asia Pacific, Middle East and Africa region, the company's sales in the first quarter increased by 88% on-year thanks to higher sales of offshore line pipe and higher sales of OCTG in Saudi Arabia, according to Tenaris’s Q1 report.
In January-March, Asia-Pacific, M…
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Anonymous
Very good overview of the weekly steel market.
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