22
Mar
11:16
CMC Poland foresees margin expansion after deliveries drop
CMC Poland anticipates healthy sales volumes driven by growing demand from construction and industrial end-use markets, while margins should grow sequentially following price hikes in the February quarter, says US parent CMC.
CMC Poland’s deliveries declined 7% on-year in the second fiscal quarter through February to 353,000 short tons. Merchant and other products shipments rose 17% to 275,000st, but rebar sales slumped 46% to 78,000st, Kallanish notes.
Dem…
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Anonymous
Very good overview of the weekly steel market.
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