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14 Mar
13:44

Slovenia's SIJ suffers earnings drop amid costs, floods

Special steelmaker Slovenian Steel Group (SIJ) saw revenue drop 23.1% on-year in 2023 to €1 billion ($1.09 billion) due to high energy prices and extraordinary events, the firm says. Ebitda was at €73.3 million, with a net loss of €18.8m last year, the firm adds without providing comparison. According to the company, the results show the challenges it has overcome in a business environment characterised by changes in steel demand, increased energy …
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