14
Aug
11:46
Kardemir raises 2017 Ebitda margin outlook
Turkish integrated long steelmaker Kardemir has lifted its full-year 2017 Ebitda margin forecast, after posting an on-year improvement first-half financial results, Kallanish notes.
The Borsa Istanbul-listed steelmaker now expects to realize a 16-18% Ebitda margin for 2017, it says in a bourse filing. In its first-quarter results presentation, Kardemir guided for Ebitda margin of 14-16%.
Kardemir's consolidated first-half ebitda margin rose to 1…
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Very good overview of the weekly steel market.
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