PARIS - Vallourec, a major global supplier of specialized steel tubes for the energy industry with U.S. headquarters in Houston and a manufacturing facility in Youngstown, announced strong third-quarter profits Thursday, crediting higher prices for its products and solid demand from U.S. customers.

The Paris-based company reported that its main tube business saw a sharp jump in earnings.

The parent company’s total key operating profit for the quarter reached approximately $243.6 million. The earnings increase was primarily driven by the company’s ability to charge more for its products, along with a slight increase in the number of tubes sold.

The average earnings for every ton of tubes the company sold climbed to roughly $720, an increase of more than 25% compared to the prior three m

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