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22 Mar
15:29

Cognor anticipates wider margins following improved 2016

Cognor anticipates increased margins in 2017 thanks to capital expenditure aimed at improving quality and diversifying product, such as the modernisation of its SBQ bar mill last year. The steel market should remain “… supportive in terms of demand,” the Polish steelmaker says. This follows a 22% on-year rise in finished product sales in 2016 to 478,803 tonnes, led by bar and sections producer subsidiary Ferrostal Labedy. Billet sales, meanwhi…
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