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30 Jul
09:41

Vallourec’s Brazil sales rise in second quarter

Vallourec saw its performance in Brazil improve year-on-year in the second 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 be impacted by the Covid-19 crisis. “The Covid-19 crisis and the associated drop in oil price significantly impacted our activity in the second quarter,” says Vallourec chairman Edouar…
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