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19 Sep
10:28

Vallourec forecasts continued growth this year

French pipemaker Vallourec continues to foresee positive market dynamics thanks to higher drilling and OCTG prices, driven by global demand recovery and the inflationary environment, the company says in an investors’ presentation obtained by Kallanish. Thanks to continued improvement in its tube division, particularly in North America, which is forecast to offset lower performance at Vallourec’s iron ore mine, the firm is targeting increased Ebitda thi…
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