05
Feb
16:07
Severstal's Middle East sales halve in 2018
Severstal’s revenue generated in the Middle East halved on-year in 2018 to $295 million, with the region taking a 3% share in overall sales versus 5% a year earlier.
Africa, meanwhile, provided $140m of revenue in 2018, down -8% on-year.
This compares with consolidated revenue growth of 9% in 2018 to $8.58 billion, driven by Russia and Europe (see separate Kallanish story). The steelmaker said last month it ramped up hot rolled coil sales to European cu…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous