13
Jul
17:05
Klöckner ups its guidance for 2016
Following a significant increase of earnings in the second quarter of the year, German steel distribution group Klöckner & Co has adjusted its guidance upwards. The company now expects to reach an Ebitda of around €70 million ($78m), after it had originally forecast a value range of €50-60 million.
Klöckner says it was able to benefit more strongly than initially expected from the positive market development, supported by further optimise…
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Anonymous
Very good overview of the weekly steel market.
Anonymous