06
Dec
14:12
Margins gradually returning to 'typical' distribution levels: Stalprofil
Stalprofil’s consolidated revenue fell 10% on-year in the third quarter to PLN 370 million ($90.9m) due to a drop in the number of infrastructure segment contract awards.
However, steel trading segment revenue surged 75% thanks to continued strong steel demand and elevated prices, albeit with a slight correction. Consolidated net profit also soared almost seven-fold to PLN 26.9m.
The end of the price uptrend in the second half of Q3 is seeing the gradual r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous