04
Mar
17:02
Salzgitter posts pre-tax profit in 2015
In fiscal year 2015, Salzgitter AG lifted its pre-tax profit by €29 million ($31.9m) year-on-year and met its forecast in so doing. Results from individual business units however were mixed, Kallanish learns from the German group.
Pre-tax profit reached €12.6 million, on external sales that fell by -4% to €8,618m, due to the downturn in average selling prices for steel products. The steelmaker attributes the performance mainly to its ‘S…
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Anonymous
Very good overview of the weekly steel market.
Anonymous