16
Nov
16:04
Salzgitter units see cautious third-quarter recovery
Salzgitter saw an upswing in third-quarter production, although it was not left unharmed by the loss of business caused by the Covid-19 pandemic.
The entire group recorded a pre-tax loss of €224.4 million ($265m) in the first nine months of the year, on revenue that fell from €6.6 billion a year earlier to €5.3 billion (see Kallanish passim).
Its Strip Steel unit saw order intake recover considerably in Q3 and, at 1.18 million tonnes, almost attain…
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Anonymous
Very good overview of the weekly steel market.
Anonymous