21
Aug
15:45
Turkish pipemaker Ozbal reports profit as operations recover
Turkish spiral-welded pipemaker Ozbal Celik Boru sold 15,284 tonnes of pipe in the first half of 2020, Kallanish notes from its six-month activity report.
The pipemaker’s revenue stood at TRY 61.8 million ($3.6m) in January-June, and it recorded a net profit of TRY 6.2m.
In H1 2019 the firm recorded a net loss of TRY 7.6m as it produced predominantly on a subcontracting basis in 2019 in contrast to previous years. Turnover and production costs wer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous