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Tenaris sees lower 2013 sales in North America, Europe
March 29, 2013 - 10:27 GMT
US tube and pipe maker Tenaris expects lower sales in North America to be offset by but burgeoning demand for premium oil country tubular goods (OCTG) in other regions.
Demand from European industrial markets is expected to
remain tepid, Tenaris added. North American sales growth was
largely responsible for the company’s improved
financial performance last year. Tenaris expects steady
operating margins this year, with...
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Euromoney Institutional Investor PLC.
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