29
Mar
16:59
Benteler lifts tube sales by 50%
Benteler lifted 2021 tube revenue by around 50% year-on-year to €1.1 billion ($1.2 billion), Kallanish learns from the Austrian-German company.
Its Steel/Tube Division accounts for some 15% of consolidated revenue, which rose from €6.4 billion to €7.3 billion last year. Operating profit more than doubled, from €160 million to €332m. The larger Automotive division lifted its revenue by some 10% to €6.2 billion.
The Automotive division…
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Anonymous
Very good overview of the weekly steel market.
Anonymous