07
Mar
15:44
IDC turns to 2017 profit on higher prices
Izmir Demir Celik's (IDC) turned back to profit in 2017 as increased sales prices offset the decrease in export sales, Kallanish understands from the Turkish long steelmaker's activity report.
Raw material and finished product prices increased considerably in 2017, leading to significant improvement in margins, says IDC.
Finished product sales declined -5.7% on-year to 1.45 million tonnes, hit by a -30% decrease in exports to 485,218t. No se…
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Anonymous
Very good overview of the weekly steel market.
Anonymous