16
Nov
16:14
Reduced scrap shipments drag down Cognor Q3 revenue
A 12,300-tonne on-year decline in scrap shipments dragged down Cognor’s consolidated third-quarter revenue by -9.4% to PLN 309.75 million ($74.44m), Kallanish learns from the Polish steelmaker and scrap merchant.
This was partially offset by a 5,200-tonne on-year increase in finished product deliveries, while billet shipments remained unchanged, the firm says without providing overall tonnages.
The other factor behind reduced revenue was lower product p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous