17
Aug
16:44
Salzgitter first-half earnings fall, still satisfactory
Following an encouraging start to 2023, followed by a gradual deterioration in the economic environment, Salzgitter delivered what it calls “presentable” earnings in the first half-year.
The group’s external sales declined by 12% on-year in H1 to €5.8 billion ($6.3 billion), due mainly to the downturn in shipment volumes versus H1 2022, together with lower average selling prices for many steel products. Ebitda came to €461 million, down…
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Anonymous
Very good overview of the weekly steel market.
Anonymous