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14 Nov
17:21

Salzgitter’s strip business returns to profit in Q3

Salzgitter Group saw its earnings stabilise in the third quarter, which it attributes to restructuring projects and the first effects of EU anti-dumping measures. Its Strip Steel Business Unit generated in Q3 a positive pre-tax result for the first time in more than a year, Kallanish hears from the company. In the first nine months of 2016 the group’s external sales declined to €5.86 billion ($6.28 billion) from €6.69 billion in the year-earlier …
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