31
Jan
15:15
Salzgitter reports highest post-crisis profit
According to preliminary figures, Salzgitter Group generated a pre-tax profit of €238.0 million ($297m) (2016: €53.2m) in 2017, its highest since 2008. The company attributes the result to an excellent performance of the Strip Steel and Trading business units, along with the continued implementation of internal improvement programmes, Kallanish learns.
The result is therefore above the earnings forecast of between €175-225m affirmed in November. T…
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Anonymous
Very good overview of the weekly steel market.
Anonymous