15
May
18:32
IDC's first quarter sales fall, margins improve
Turkey's Izmir Demir Celik (IDC) saw its sales decline on-year but margins improve in the first quarter as prices increased, Kallanish learns from the long steelmaker's quarterly activity report.
IDC's total finished product sales declined -11% on-year to 363,949 tonnes and no semi-finished product sales were registered in Q1. Exports climbed 1% to 146,665t, but turnover from exports rose 19%, IDC says.
The scrap-based steelmaker's Q1 margins …
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Anonymous
Very good overview of the weekly steel market.
Anonymous