07
May
12:50
Klöckner expects increased second-quarter tonnage, revenue
Klöckner & Co expects a considerable increase in shipments and sales in the second quarter compared to Q1 and also forecasts increases for the full year.
The German stockholder group reported Q1 shipments of 1.1 million tonnes, up 5% on the prior-year quarter and 11% on Q4 2023. The latter was partially due to seasonal effects.
Klöckner generated sales of €1.7 billion ($1.8 billion) in Q1, down from €1.8 billion in Q1 2023, attributable to…
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Anonymous
Very good overview of the weekly steel market.
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