30
Apr
09:09
Vallourec reviews 2021 outlook upwards
French pipe maker Vallourec is registering better performance in its target markets. It has therefore announced an improved 2021 outlook compared to the negative outlook published in its 2020 financial earnings report in February.
The company expects higher sales volumes and prices this year for OCTG in North America, and “a higher contribution from the iron ore mine in Brazil”, it says in a note. The firm adds that it targets Ebitda of €350-400 m…
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Anonymous
Very good overview of the weekly steel market.
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