21
Sep
12:41
Bowim first-half earnings soar, foresees good second-half demand
Bowim’s sales rose 10% on-year in the first half of 2021 to 268,197 tonnes, as rising steel prices saw the Polish distributor’s earnings soar, Kallanish notes.
The sales were driven by a 5% growth in sheet sales to 93,636t and a 14% hike in pipe and profile deliveries to 54,293t. However, rebar sales inched down 2% to 42,129t. The share of the steel structures segment in overall sales rose 2 percentage points to 26%. Imports accounted for 26%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous