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Vallourec, among the largest increases in the SBF 120 at mid-session of Monday, November 22, 2021

Yanoom by Yanoom
November 22, 2021
in Business
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Vallourec, among the largest increases in the SBF 120 at mid-session of Monday, November 22, 2021
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(AOF) – Vallourec (+ 4.99% to 7.16 euros)

Vallourec continues its rebound after that of Friday (+ 9.65%). It had fallen sharply on Thursday due to the downward revision of its annual forecast. Due to the recent drop in iron ore prices, the seamless steel tube maker said it was aiming for full-year gross operating income close to the low of the target of $ 475 million to $ 525 million. euros.

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