24
Feb
12:06
Borusan Mannesmann records historically high profit
Borusan Mannesmann’s prime-quality product sales increased 13% on-year in 2022 to 721,000 tonnes, of which 69% was exported, the pipemaker says in a stock exchange filing seen by Kallanish.
Borusan reported a net profit of TRY 1.34 billion ($70.97 million) in 2022 versus TRY 94.3m in 2021. Full-year revenue was more than trebled to TRY 22.2 billion from TRY 7.3 billion in 2021.
The share of high value-added pipe, including special and spiral…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous