22
May
15:21
Nordwest Handel reports drop in revenue
Nordwest Handel, one of Germany’s big purchasing cooperatives for steel, construction materials and domestic technology, saw revenue decline year-on-year in 2023 and the first quarter of 2024. It remains cautious with its outlook.
An overall drop in demand and prices for steel, especially in the construction industry, saw 2023 revenue in the steel segment plummet by 38% year-on-year to €1.7 billion ($1.8 billion), Kallanish learns. For very much the sam…
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Anonymous
Very good overview of the weekly steel market.
Anonymous