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19 Jun
14:16

Construction, merchant growth limit CMC Poland sales decline

Polish construction sector resilience and market share gains in merchant products limited CMC Poland’s shipments decline to -0.5% on-year in the third fiscal quarter through May. Sales numbered 374,000 short tons, with rebar sales down -3% to 122,000st but merchant and other product sales up 1% to 252,000st. Selling prices fell to $437/st from $524/st a year earlier. Cost of scrap utilised fell to $239/st from $288/st, with metal margin shrinking t…
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