Renta 4: Negative / Neutral. Tubos Reunidos published its 1H24 results, which showed a weak but expected performance, justified by: 1) a decrease in the number of active rigs (drilling platforms) of approximately 15% versus the previous year, 2) lower demand due to excess inventories and uncertainty before the US elections, 3) downward pressure on prices due to high inventories, 4) higher Asian imports due to weak demand in China,…