23
Nov
00:00
Polish producer sees yet lower Q4 prices, production rebound after Q3 loss
Polish steelmaker and scrap merchant Cognor sees scrap, billet and finished product prices continuing their decline in the fourth quarter, but expects most product spreads to improve. Polish crude steel output is likely to rebound, while domestic demand should be “fair”, Kallanish learns from the company.
Cognor increased revenue by 7% year-on-year in the third quarter to PLN 366.97 million ($108.3m) thanks to higher tonnages shipped. Scrap deliv…
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Anonymous
Very good overview of the weekly steel market.
Anonymous