23
Aug
13:38
Reduced demand hits Polish distributor, construction outlook strong
Konsorcjum Stali (KS) reported a -6% on-year decline in revenue in the second quarter to PLN 425.3 million ($108m), while net profit plummeted -56% to PLN 2.5m, Kallanish notes.
In the first half of 2019 revenue was thus down -7% to PLN 851m and net profit plunged -79% to PLN 3.6m.
H1 steel product sales declined -5% on-year to 219,900 tonnes, while KS-produced or processed product sales fell dropped -4% to 111,500t. Rebar sales dropped -2% to 101,400t a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous