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10 May
14:35

Stalprodukt revenue rises despite decreased deliveries

Stalprodukt’s electrical sheet sales inched down 0.5% on-year in 2022 to 118,815 tonnes, but revenue from these sales surged 66% to PLN 1.76 billion ($427.6 million) thanks to higher sales prices. Exports accounted for 95% of electrical sheet sales, with Italy taking a 33% share, Mexico 20% and India, Austria, Germany and Croatia each 6-7%, Kallanish notes. Prices were pushed up by the fear of supply disruptions, amid the Ukraine war and China’s zero-…
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