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14 Jul
16:33

Flats boost Ostrava performance, forecasts improved profitability

Liberty Ostrava shipped over 600,000 tonnes of steel in the second quarter, with production for each month at around 200,000t, the highest sustained monthly levels since 2008, the Czech steelmaker says. Production for the quarter was almost 80% higher than the Covid-19-affected Q2 2020. Ostrava forecasts Ebitda for Q2 will be significantly more than the CZK 1.6 billion ($73.8m) it reported in Q1, which was the plant’s best quarterly performance since it was …
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