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21 May
10:22

O&G tendering recovery to boost 2022 activity: Vallourec

French pipemaker Vallourec foresees a continuation in the sharp decline in deliveries of high alloy products in its Europe, Africa, Middle East and Asia (EAMEA) region. This is “in addition to the overall activity still strongly impacted by the pandemic and price/mix remaining under pressure,” it observes in a report seen by Kallanish. “Nevertheless, resuming tendering activity in 2021 should translate into higher 2022 activity.” In Europe…
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