18
Jun
14:44
Salzgitter again lifts earnings forecast on high prices
Positive business developments have led Salzgitter to again raise its earnings forecast for the financial year 2021, Kallanish learns from the German steelmaker.
In May, Salzgitter said it expected a fiscal-year pre-tax profit of between €300-400m ($356-474m).
“We now anticipate a pre-tax profit of between €400-600m,” the enterprise says. “After an encouraging start to the year, accompanied by a dynamic increase in rolled steel prices,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous