26
Jan
09:52
Salzgitter foresees return to profit after better-than-expected 2020
Salzgitter suffered a lower 2020 pre-tax loss than earlier anticipated, and expects to return to profit in the current year, Kallanish hears from the German steelmaker.
According to preliminary figures, Salzgitter closed 2020 with a revenue of €7 billion ($8.5 billion) and pre-tax loss of €200 million. This means the group caught up in the fourth quarter, after the loss of the first nine months had been around €225m. The group cites the uptrend in b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous