28
Feb
16:09
Vallourec's Mid-East revenue rises, no price increases expected
Vallourec’s revenue generated in Asia and the Middle East rose 6% on-year in the fourth quarter of 2019 to $339 million.
The firm says EMEA region project tendering is “… very open” and “… very competitive” and it expects “… differentiated price scenarios depending on the segment… In our plans we don’t include any significant uptick in prices from the level reached in 2019.”
In full-year …
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Very good overview of the weekly steel market.
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