24
Nov
13:45
Pandemic impact worsens in third quarter: Stalprodukt
The Covid-19 pandemic’s detrimental impact on demand starting from the second quarter deteriorated further in Q3, says Poland’s Stalprodukt. The strengthening of the zloty against the euro and dollar further hampered revenue.
Stalprodukt’s electrical sheet segment reported a -31% on-year slump in third-quarter sales to PLN 144.3 million ($38.4m), while segment profit plunged -63% to PLN 22.6m. Shipments dropped -37%, the firm says without pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous