07
Jul
16:32
SMS banks on long-term service relations
After a challenging 2020, plant builder SMS Group expresses a positive outlook for 2021 and beyond.
The German-based group particularly felt the impact of the coronavirus pandemic in its business with new plants. In 2020, order intake fell by around 40% year-on-year to €1,885 million ($2,226m). Its service business, which is included in this figure, proved considerably more stable, decreasing by only 10% to €665 million. The order backlog declined by 21%…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous