04
May
14:53
Klöckner shipments stable, foresees improved second-quarter profitability
Klöckner & Co expects increasing shipments and better results in the second quarter.
In Q1, the distributor’s sales were almost stable, at 1.21 million tonnes compared to 1.26mt in Q1 2022, Kallanish notes.
Revenue decreased by 36% on-year to €2.1 billion ($2.3 billion), largely on the back of rising prices. Ebitda adjusted for special effects was €69 million, far lower than the previous year's €201m. In the prior-year compa…
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04 Aug 2022
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.
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Very good overview of the weekly steel market.
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