16
Aug
16:19
Swiss Steel lifts earnings on second-quarter price rally
Despite lower tonnages, the massive surge in special bar quality (SBQ) steel prices saw Swiss Steel’s earnings rise significantly in the second quarter, Kallanish hears from the group.
Shipments decreased by 12% to 457,000 tonnes, from 518,000t in Q2 2021. Broken down by product group, this translates to an 8% decrease in volume for quality and engineering steel and a 33% decline for stainless steel. The tool steel sales volume, by contrast, increased sales …
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