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02 Oct
16:16

Ferrum anticipates increased demand after hiking first-half sales

Ferrum posted a 5.6% on-year increase in pipe sales in the first half of 2018 to 39,600 tonnes. Revenue generated from these sales was up 4.6% to PLN 118.52 million ($31.93m), of which 72.1% was from the local market, with the remainder from Austria, Germany, Finland and Hungary, among other nations. Izostal, Logstor and Isoplus accounted for 35.5%, 15% and 12.9% respectively of Ferrum’s H1 pipe revenue. ArcelorMittal, Izostal and CZH comprised 27.1%, 26.8…
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