10
Jul
14:33
Tata Europe turns to loss despite higher revenue
Tata Steel Europe’s assets in the UK and Netherlands posted reduced crude steel production and steel deliveries in the 2022-2023 fiscal year. Despite the lower deliveries, turnover increased thanks to higher selling prices but operating profit fell compared with the previous fiscal year.
Crude steel production stood at 9.3 million tonnes during fiscal 2022-2023, down some 0.8mt compared with the previous year (see Kallanish passim). Both the Ijmuiden and Por…
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Anonymous
Very good overview of the weekly steel market.
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