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20 Nov
10:06

Vallourec improves third-quarter performance in Brazil

Vallourec saw its performance in Brazil improve year-on-year in the third quarter, Kallanish learns from the French tubemaker. The group still anticipates drilling activity in Brazil to increase in 2020, while sales volumes to industry sectors should remain stable. Vallourec’s 2020 iron ore production in Brazil is foreseen to be higher than in 2019, mainly due to the use of mobile processing units. Raw material prices are so far staying at fav…
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