01
Mar
14:11
Vallourec sees strong tube prices, Middle East demand
French pipemaker Vallourec sees improved international tube prices in the first half of 2024, as well as “moderating declines” in US tube values, offset by better sales volumes.
While iron ore production sold should reach approximately 3 million tonnes in H1, mining costs will remain elevated, the company says in its 2023 earnings report monitored by Kallanish.
Strong performance in tubes, high pricing in backlog and operational improvement are expec…
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Anonymous
Very good overview of the weekly steel market.
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