25
Sep
13:08
Bowim's first-half sales fall, observes September price uptrend
Bowim’s consolidated sales fell -6.4% on-year in the first half of 2020 to 244,303 tonnes. The firm has since the start of September observed a steel price uptrend, bringing to an end depressed prices since May.
Consolidated revenue fell -14% to PLN 583.4 million ($149m) but the firm turned to a net profit of PLN 2.7m versus a PLN 1.96m loss a year earlier thanks to lower costs.
The fall in revenue was mainly due to the impact on the market of the Covi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous