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19 Nov
09:41

Troubled Vallourec to cut more jobs in Europe

French pipemaker Vallourec says it does not foresee improved activity in its markets in the coming months. Markets remain “…more volatile than ever and their evolution highly uncertain, and despite some recent slight signs of improvement in North America on-shore, we don’t rely on activity being materially different in the coming quarters,” Vallourec chairman Edouard Guinotte says. In the EA-MEA region, the further impact of delayed IOC a…
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