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03 Sep
11:58

Demand, prices lift Stalprodukt earnings

Strong demand and higher prices boosted Stalprodukt’s earnings in the first half of 2021, but the firm says it was squeezed by limited feedstock availability and logistical problems, Kallanish notes. Electrical sheet segment revenue rose 17% on-year in H1 to PLN 452.7 million ($119m) and segment profit surged 36% to PLN 59.2m. Deliveries rose 6%, the firm says without providing tonnages. Although electrical sheet prices rose, the growth was not as steep as …
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