23
Jun
14:07
SMS records decade-high order intake, outlook positive
SMS Group has recorded its highest level of order intake in ten years and even expects to increase incoming orders in the coming years, the company says.
The company almost doubled its order intake to reach €3.5 billion ($3.67 billion) in 2021, up by 86% on-year, Kallanish notes.
The reasons for this substantial rise are catch-up effects in the wake of the previous year’s slump triggered by the Covid-19 pandemic, and growing demand for decarbonisation …
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Anonymous
Very good overview of the weekly steel market.
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