02
Feb
15:02
MMK Metalurji clocks higher profitability, revenue
MMK’s Turkish Metalurji works capitalised on strong demand in domestic and European markets in 2020, growing profitability. This was despite revenue remaining flat amid the challenges of the Covid-19 pandemic in the first half of the year.
Growing export volumes of galvanised steel led to Ebitda almost doubling on-quarter at $21 million in the fourth quarter. Full-year 2020 Ebitda reached $34m, versus negative $12m in 2019, amid sales growth on its diversifi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous