05
Jul
10:59
Trinecke Zelezarny sales surge despite reduced production
Blast furnace-based Czech steelmaker Trinecke Zelezarny (TZ) reported a 24% on-year surge in 2021 sales to CZK 43.7 billion ($1.82 billion), despite the 7% drop in crude steel production to 2.4 million tonnes. Profit was registered at CZK 1.31 billion.
Performance last year was impacted by the Covid-19 pandemic, surge in input material costs and continuing problems in the automotive industry, mainly due to components shortages. "All of this culminated in a sh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous