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01 Jun
18:37

British Steel turns business around in first year

In its first year as an independent business, British Steel has reported a significant positive turnaround in earnings. The year-on-year switch from negative to positive Ebitda provides a solid foundation for further growth, the steelmaker said in its results presentation attended by Kallanish. The Scunthorpe-headquartered long products’ specialist has posted earnings (Ebitda) of £47 million ($60.6m) on a turnover of £1.2 billion for financial …
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