Vallourec Returns To A Net Cash Position
Source: SeekingAlpha
2026-03-10 10:30:00 ET
Introduction
I have been positive about Vallourec ( VLOUF ) ( VLOWY ) since a few years now as the producer of seamless steel tubes (mainly used in the oil and gas production industry) was working on a turnaround plan . Expensive plants in Europe were closed and production was moved to Brazil, to be closer to some of its main customers (and the access to cheaper power and labour obviously also was a consideration). ...
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Vallourec Returns To A Net Cash Position
Vallourec
NASDAQ: VLOUF
VLOUF Trading
0.0% G/L:
$22.40 Last:
200 Volume:
$22.40 Open:
