08
Dec
14:15
Poland's Bowim earnings take bigger hit than volumes
Poland’s largest listed steel distributor, Bowim, saw consolidated revenue fall 33% on-year in the third quarter to PLN 514.9 million ($127.6m) while net profit was down 76% to PLN 2.3m, Kallanish notes.
In the nine months through September, steel sales dropped 2.1% on-year to 376,976 tonnes. Sheet represented 151,018t, up 2%, while pipe and tube sales were up 4% to 72,718t and rebar sales surged 20% to 61,086t. Prefabricated reinforcement deliveries however…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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