Tubacex has just signed the largest contract in its nearly 60-year history after being awarded with the Abu Dhabi National Oil Company (ADNOC) an order worth more than 30,000 tons that will last for a decade and triple its portfolio of orders.

Tubacex titles have received a boost with this information and have gone from trading negatively around 2.34 euros, to register increases of close to 3% and touch 2.51 euros. So far this year Tubacex is revalued on the Stock Market