14
Feb
13:26
Thyssenkrupp earnings decrease on lower prices, outlook cautious
Thyssenkrupp Group saw a year-on-year decline in first-fiscal-quarter-through-December-2022 earnings amid falling steel prices, and remains cautious for the following quarter.
December-quarter adjusted Ebit fell by a third to €254 million ($273m), Kallanish notes.
According to thyssenkrupp, it earned significantly less in steel trading than a year earlier, when, thanks to the price boom, it still contributed the lion's share to the operating result. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous