02
Mar
07:43
Vallourec’s Americas units improve fourth-quarter results
Tubemaker Vallourec saw fourth-quarter-2022 performance improve at both its South and North American units compared to Q4 2021. Results were however weaker on-quarter in Brazil, reflecting lower production volumes and reduced iron ore contribution, Kallanish learns from Vallourec’s latest earnings report.
Despite reduced activity, Brazil played the second-most important role in Vallourec’s global revenue, with an 18.3% contribution in 2022 and 16.…
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Anonymous
Very good overview of the weekly steel market.
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