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27 Jun
13:05

Slovenia’s Store Steel hits record revenue

Slovenian engineering steelmaker Store Steel posted record financial results in 2021, the company says. Revenue reached €144.6 million ($153m), up by 69% from the year before and 38% above the company’s projections, Kallanish notes. Profit stood at €6m, compared to a €2.5m loss the year before. Store Steel has two electric arc furnaces which it feeds with scrap to produce up to 170,000 tonnes/year of billet. Finished products are carbon and…
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