16
Mar
16:16
Salzgitter reports loss for 2019
German steelmaker Salzgitter suffered heavy losses in 2019, the company said at its annual press conference monitored by Kallanish.
Crude steel production at Germany’ second-largest steelmaker was 6.613 million tonnes, compared to 7.039mt the previous year. The company's strip steel and plate businesses reported pre-tax losses, contributing to a group net loss of €237.30 million ($265 million), after a profit of €278m achieved in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous