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24 Oct
10:12

CMC Poland sees record rebar shipments, import damage

CMC Poland reported an -11% on-year slump in steel shipments in the fourth fiscal quarter through August to 388,000 short tons. Although rebar shipments rose 4% to a quarterly record 151,000st, merchant and other products’ deliveries fell -18% to 237,000t. Poland’s construction sector remains strong, aiding the record rebar shipments. However, performance was weaker on-year due to the high volume of steel imports into the EU, US parent CMC says in a …
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