23
Jul
08:50
Bekaert revises down 2018 outlook
Wire producer Bekaert has revised down it 2018 outlook, Kallanish learns from the company. The company now believes it will not achieve in 2018 the same profitability level recorded last year.
“While underlying volume demand in automotive and industrial steel wire markets remains strong, the adverse margin effect from a number of factors that have weighed on our profitability since the second half of 2017 seem to be more impactful and longer lasting than w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous