02
Mar
00:00
Reline of large BF at Salzgitter Flachstahl will hit 2015 profits
Germany’s Salzgitter Group anticipates another challenging year in 2015 for its Strip Steel business unit, “given the sustained pressure on selling prices in the EU”. Salzgitter Flachstahl, which is much larger than other companies in the unit, “will have to absorb the considerable costs" of a planned large, blast furnace reline, it adds. This will mean lower shipping volumes and sales, and the unit is not expected to return to pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous