11
May
12:32
Marcegaglia targets €10 billion turnover
Italian re-roller and steelmaker Marcegaglia reported 2022 revenue of €8.6 billion ($9.4 billion), before the acquisition of Outokumpu’s long products division. Marcegaglia, which more than doubled its turnover over the past ten years, posted €727 million Ebitda and net profit of €411m in 2022, chairman Antonio Marcegaglia tells Kallanish.
The company achieved record results despite a slight, 6% year-on-year decline in deliveries, mostly due t…
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