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Last updated : 21/10/2026 - 11h18
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Vallourec internalizes threading of its large fittings in China, at Changzhou

Vallourec announced on October 20, 2026 the commissioning of a new threading unit dedicated to fittings at its Changzhou site, which celebrates its 20th anniversary. Large-sized parts requiring threading, previously entrusted to an approved third-party manufacturer, can now be processed directly by the group on site.


Vallourec internalizes threading of its large fittings in China, at Changzhou

Capacity increased to nearly 20,000 parts per year

The group completed in October the commissioning of this new line, which is already processing the first customer orders. It has an annual capacity of approximately 5,000 parts. With this addition, the total threading capacity of the Accessories business reaches nearly 20,000 parts per year for the entire Changzhou site. Vallourec presents this unit as "a new milestone in the development of this site".

Reduced lead times and process control, priorities highlighted in China

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According to the press release, this integrated approach simplifies the processing circuit and reduces transport-related delays. The group also indicates that it ensures better control of the process and threading that complies with its own quality requirements. The additional capacity also provides greater flexibility in production planning, in order to meet requests with short delivery times. Vallourec presents this investment as an illustration of its "commitment to continue developing its capacities closer to its customers and to strengthen its service offering in China". The objective stated by the group is to "gain further reactivity and flexibility, while guaranteeing the level of quality expected by our customers".



Sector Métaux et mines › Acier / sidérurgie


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 1 860 millions de dollars
  • Quarterly revenue: 1 860 millions de dollars
  • Revenue growth: -8 %
  • EBITDA: 409,4 millions de dollars
  • EBITDA margin: 22 %
  • Net income: 131,5 millions de dollars
  • Free cash flow: 303 millions de dollars
  • -183,1 millions de dollars
Risks mentioned
  • Baisse de 15 % des volumes vendus de Tubes au premier semestre 2026
  • RBE Mines & Forêts en recul à 71 M$ contre 107 M$, effets de change défavorables du réal
  • Fermeture du détroit d'Ormuz affectant les délais de livraison à l'international
Opportunities identified
  • RBE du segment Tubes en hausse à 372 M$ grâce aux prix et au mix produit
  • Position de liquidité très solide de 2,0 milliards de dollars au 30 juin 2026
  • Produit d'environ 307 M€ encaissé le 8 juillet 2026 après exercice des bons de souscription
Outlook / guidance
  • Expected EBITDA: 190 millions de dollars

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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