01
Mar
15:06
Klöckner returns to profit in 2016
Germany’s Klöckner & Co turned 2015 losses into 2016 profit, Kallanish hears from the distributor.
For the current fiscal year, Klöckner & Co expects a slight rise in real steel demand and the price level in both its primary sales markets, Europe and the USA. Higher steel prices at the beginning of the year should lead to very substantial growth in the first quarter. Ebitda is expected to reach between €65-75 million ($68.7-79.2m) as…
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Anonymous
Very good overview of the weekly steel market.
Anonymous