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20 Jul
10:22

Italy's Alfa Acciai turns a profit in 2015

Italian long producer Alfa Acciai’s €1 billion ($1.1 billion) turnover in 2015 was impacted by market stagnation and lower rebar domestic and export prices. However, while the company’s turnover decreased by 12% year-on-year in 2015, profit was substantially higher compared to 2014 thanks to investments and cost optimisation, Kallanish learns from a source close to the company. Sales revenues fell by -4% y-o-y in Europe and also by -4% abro…
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