01
Mar
14:50
Stalprodukt foresees electrical steel price correction, eyes NGO
Poland-based Stalprodukt expects electrical steel sheet prices to correct down in the first half of 2023, thereby narrowing the firm’s margins. However, values are coming from a very high base, while the recent gas and energy tariff declines should mitigate the price drop impact.
In the fourth quarter of 2022, Stalprodukt’s electrical steel segment saw deliveries rise 3.7% on-year, the firm says without providing tonnages. Revenue surged 43% to PL…
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Anonymous
Very good overview of the weekly steel market.
Anonymous