17
Apr
09:50
Bowim raises sheet sales, sees Covid-19-related restocking
Bowim’s consolidated steel sales grew 1% on-year in 2019 to 513,547 tonnes thanks to the Polish distributor’s efforts to find new customers, it says. Earnings declined only slightly despite weaker economic growth, falling demand and lower margins.
Sales of sheet rose 12% in 2019 to 186,044t, but sales of pipe and profiles were down -9% to 97,261t and rebar deliveries were flat at 95,519t. Sheets took a 37% share in overall revenue versus 33% in 2018, a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous