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29 Mar
14:12

Cognor eyes strong 2022 despite Ukraine war risks

Despite the tragic events unfolding in Ukraine, Cognor says it expects 2022 to be another good year for business after 2021 saw strong demand, unprecedented margins and effective EU trade defence mechanism implementation. War-related risks, however, could threaten operations, Kallanish notes. Finished steel sales rose 3% on-year in 2021 to 519,173 tonnes, but semi-finished steel deliveries dropped 4.8% to 151,594t. Merchant scrap sales increased 13.5% to 156,039t.…
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