18
May
17:07
Salzgitter achieves record-high first-quarter profit
Salzgitter generated a first-quarter pre-tax profit of €465 million ($488m), the highest quarterly operating result in the history of the company, Kallanish hears. This was quadruple the profit generated a year earlier.
Prices of rolled steel products at record levels sent profit up by leaps and bounds mainly for the Steel Production and Trading business. The group’s external sales saw price-induced growth of 60% to €3,350m – up from €2,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous