31
Aug
13:30
Lower cost, higher shipments ease Cognor margin pressure
Cognor managed to lower production costs and increase shipments in the second quarter, easing earlier pressure on profit margins from more competitive blast furnace-based rivals, Kallanish learns from the Polish steelmaker.
The majority of Cognor’s product conversion spreads deteriorated on-year and on-quarter in Q2. The exception was rebar which was boosted for two months by a global speculative price rally. “By the end of the second quarter of 2016…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous