Tubacex informs trade unions of possible temporary adjustments as sales continue to fall due to war
Link Securities | Tubacex (TUB), the Alava-based tube manufacturer with a significant portion of its business focused on the oil and gas industries, is already feeling the effects of the war in Iran and has announced to the unions temporary adjustments should the fall in sales persist as a result of the closure of the Strait of Hormuz, according to the newspaper Expansión. Tubacex states that, in light of the…
