Tenaris sees improving demand, price upside for energy tubular goods

Pipe producer Tenaris expects the market for energy tubular products to improve this year, with an increase in oil prices stimulating investments in the sector.

Investments in the oil sector have been recovering from low levels reached last year, and Tenaris expects its results to benefit from increases in the prices of tubular goods, which should offset increases in raw materials costs, the company said in its fourth-quarter earnings release on Thursday February 25....

Published

Felipe Peroni

February 25, 2021

22:19 GMT

São Paulo