07
Dec
13:02
Stalprodukt’s profile segment suffers, electrical steel earnings rise
Stalprodukt’s electrical steel segment saw sales jump 57% on-year in the third quarter to PLN 466.04 million ($104.4m), with segment profit up 71% to PLN 145.5m, thanks to significantly higher prices. Volumes were flat, the firm says without specifying.
High permeability (HiB) grain-oriented electrical steel accounted for 20% of Stalprodukt's Bochnia site’s production, Kallanish notes.
The cold-formed profile segment however saw sales down 15% to …
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Anonymous
Very good overview of the weekly steel market.
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