03
Dec
12:46
Bowim improves profitability, expects lighter pandemic restrictions
Bowim’s consolidated sales fell -6% on-year in the nine months through September to 371,123 tonnes, with sheet sales down -10% to 131,486t. Pipe and profile, and rebar shipments declined -1% and -8% respectively to 74,132t and 65,668t, Kallanish notes.
Consolidated revenue fell -15% to PLN 876.1 million ($237.8m) due to the impact of the Covid-19 pandemic on steel demand and prices. Operational costs fell more steeply than revenue, helping the firm turn to a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous