27
Apr
15:39
Salzgitter expects negative result in 2020
Salzgitter AG expects a “… considerable pre-tax loss” in the current full fiscal year, Kallanish learns from an ad-hoc release by the company.
When executives presented the figures for 2019 in March, they predicted pre-tax earnings at around breakeven, after a pre-tax loss of €253 million ($274m) last year, largely caused by non-recurring factors. That forecast was withdrawn two weeks later.
Meanwhile, they anticipate a negative pre…
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Anonymous
Very good overview of the weekly steel market.
Anonymous