13
Nov
15:48
Salzgitter signals positive Q3 but adjusts outlook
Salzgitter has markedly increased its pre-tax profit in the first nine months, an improvement it attributes to its “Salzgitter AG 2015” restructuring programme. Falling steel prices and reduced orders however has caused the steelmaker to adjust its full-year outlook.
Owing to weaker average selling prices, Salzgitter AG’s external sales came in at €6,692 million ($7,186m), or just short of the previous year’s figure of €6,812m. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous