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...Mr Harmon is back working on the site of the mill where his father and grandfather worked, now owned by Vallourec, a French group that specialises in tubes for the oil and gas industry....
...The group, which produces tubes for the oil and gas industry, has been hit hard by the plunge in the oil price in 2014, which prompted energy companies to halt spending on new projects....
...Vallourec, which produces tubes for the oil and gas industry, has announced plans to boost profitability by closing plants in France, Germany and Scotland as well as reshaping its foreign operations with...
...The group, which produces tubes for the oil and gas industry, has announced plans to boost profitability by closing plants in France, Germany and Scotland as well as reshaping its foreign operations with...
...Vallourec is a leader in the high-margin end of pipe-making – the seamless steel tubes used in oil and gas exploration....
...Vallourec said that the decision by Petrobras to get rid of its tube inventories was a “one-time adjustment” and that it “remains convinced of the long-term attractiveness of the global oil & gas end markets...
...Vallourec of France last year opened a new $1.05bn tube plant in Ohio, and other companies including Luxembourg-based Tenaris have US plants under construction....
...Apart from France’s Vallourec, investments have been announced by Luxembourg-based Tenaris, Evraz and TMK of Russia, Benteler of Austria, Borusan Mannesmann of Turkey and Tianjin Pipe of China....
..., a supplier of tubes for the energy sector....
...In Paris, Vallourec is a drag on the index – down 8 per cent at €45.38. The steel tube maker has warned lower demand in Brazil could hit revenues this year....
...Breuer said he felt the bicycle (he rode an Adler) was a timeless piece of design, referring to its bent handlebars as “steel tubes like macaroni”....
...In 1999 Mannesmann, a steel tube and engineering giant, was deep into one of the most extraordinary business restructurings undertaken in modern Germany....
...Shares in Technip , the oilfield services group, fell 3.2 per cent to €77.55, while Vallourec , the steel tube maker, slid 3 per cent to €27.96....
...The index was dragged down by a sharp fall in Vallourec , the steel tube maker, which was the worst performer on the FTSE Eurofirst 300 over the week....
...Shares in Vallourec , the steel tube maker, slid 3.8 per cent to €31.41, while construction company Bouygues fell 3.7 per cent to €19.84....
...Vallourec, the steel tube maker, has warned that increases in raw material costs will continue to hold back profit margins in 2011 as it looks to emerging markets for future growth....
..., a maker of seamless steel tubes....
...In Youngstown in eastern Ohio, for instance, France’s Vallourec is building a $650m plant to make steel tubes for oil and gas wells....
...Vallourec, a French steel tube maker, also fell 2.8 per cent to €82.47 as did Paris’s ArcelorMittal, the world’s largest steelmaker, which lost 1.9 per cent to €27.27....
...French steel tube maker Vallourec rose 2.9 per cent to €78.24. Also in the construction materials sector, HeidelbergCement was up 2.2 per cent to €41.86. Support services stocks gained in the session....
...ArcelorMittal, the largest steel company in the world, which is listed in Paris, closed down 0.5 per cent at €24.17, while Vallourec, Paris-listed makers of steel tubes, closed down for a second consecutive...
...Vallourec in France was one of the day’s biggest winners, after the steel tube maker said first-half sales and earnings would not be as bad as previously thought....
...Vallourec rose 0.1 per cent to €109.40 even though Morgan Stanley downgraded the world’s second-largest maker of steel tubes for oil and gas production from “overweight” to “equal weight” and cut its price...
...Vallourec, the specialist steel tube maker for carrying oil and gas, rose 7.3 per cent to €103.25 after Morgan Stanley raised its rating on the company....
...Vallourec, the French steel tube manufacturer, was one of the biggest drags on the CAC 40 after it announced better than expected 2008 results but declined to offer guidance beyond the first quarter of 2009...
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