25
Apr
16:36
Cemtas first quarter revenue surges, domestic sales rise
Turkish alloy steelmaker Cemtas posted a 9% on-year rise in first-quarter sales volume, driven by domestic sales. The company's revenue surged 50% on-year meanwhile thanks to increased steel prices, Kallanish understands from its Q1 activity report.
Steel prices generally change in parallel with the change in raw material prices, especially scrap prices, notes Cemtas. In January scrap prices suddenly dropped to $200/tonne from $300/t and rose back…
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Anonymous
Very good overview of the weekly steel market.
Anonymous