Reportedly, France’s steel pipe maker Vallourec posted a net profit of €35 million for the first quarter of this year, soaring by 21% year on year. In the given period of time, the company’s sales revenues totaled €1.21 billion, up by 1% year on year.
Its operating incomes totaled €90 million, increasing by 13% year on year. Meanwhile, Vallourec’s sales volumes totaled 487,000 tons in the first quarter, falling by 3% year on year.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64269&division=A6
