10
May
13:08
Borusan Mannesmann boosts first-quarter profit
Borusan Mannesmann’s prime-quality product sales increased 11% on-year in January-March to 183,000 tonnes, of which 61% was exported, the pipemaker says in a stock exchange filing seen by Kallanish.
Borusan reported a net profit of TRY 1.34 billion ($393,9 million) in January-March versus TRY 108.6m last year. First-quarter revenue more than doubled to TRY 7.4 billion from TRY 3.6 billion last year.
The share of high value-added pipe, including s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous