27
Jul
11:18
Klöckner & Co improves results on rising prices
Germany’s Klöckner & Co has reported its best half-year results in six years, with sales in the first half 2017 up year-on-year by 12% to €3.2 billion ($3.8 billion) , driven chiefly by price increases.
Operating income (Ebitda) improved substantially during the period by 59% to €140 million. Net income more than tripled to €59m, compared with €19m in the first six months of 2016, Kallanish hears from the distribution group. &n…
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Anonymous
Very good overview of the weekly steel market.
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