10
May
15:41
Ozbal Celik’s Q1 production soars on-year
Turkish spiral welded pipemaker Ozbal Celik’s production surged 88% year-on-year to 23,629 tonnes in the first quarter, Kallanish notes from the company’s quarterly activity report.
The company’s revenue, however, decreased -18.4% y-o-y to TRY 33.8 million ($11.3m) in Q1.
Political and economic difficulties are leading to a downward revision in global growth targets. Prevalent is the view that particularly the recession in China, w…
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Very good overview of the weekly steel market.
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