01
Aug
11:55
Arvedi posts strong annual financial performance
Italian steelmaker Arvedi Group achieved a turnover of €7.7 billion ($8.4 billion) in 2022 and a net profit of €640 million. Net debt amounted to €523m, Kallanish learns from a source close to the company.
The positive results have been attained despite the uncertain environment created by the Ukrainian conflict, inflation and interest rate increases, the company comments in a note. Acciai Speciali Terni, bought by Arvedi last year, has contributed …
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Anonymous
Very good overview of the weekly steel market.
Anonymous