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05 Feb
00:00

Polish distributor sees 2015 demand growth, but limited price hikes after strong 2014

Grupa Polska Stal (GPS), Poland’s second-largest steel distributor by tonnage, expects a further increase in steel demand in 2015. It says however that price increases will be difficult due to depressed iron ore prices and increased competition from imports. This comes after the firm hiked sales 21% year-on-year in 2014 to 570,000 tonnes. A growth in steel demand allowed distributors and mills to increase sales and production in 2014. Prices generally …
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