27
Apr
07:33
Tenaris posts record results in first quarter
Tenaris saw its performance rise both on-quarter and year-on-year in the first quarter to a record high, Kallanish learns from the company's Q1 report. The tubemaker expects shipments to remain stable in the coming quarters, although weaker compared to Q1.
“Our sales in the first quarter reached a 15-year high,” Tenaris says. The positive momentum reflected the global increase in OCTG demand and line pipe for offshore projects. Meanwhile, sales for…
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Anonymous
Very good overview of the weekly steel market.
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