01
Oct
11:54
SIJ first-half sales decline, eyes recovery in 2021
Special steelmaker Slovenian Steel Group (SIJ) reported a -11.9% on-year decline in sales revenue in the first half of 2020 to €359.7 million ($434m), of which 84.8% was generated by exports.
Ebitda fell -33.8% in the period to €24.9m, with Ebitda margin down 2.3 percentage points to 6.9%. Net profit, however, quadrupled to €81.2m, largely thanks to proceeds from the sale of the Poultry Division.
Due to the impact of the Covid-19 pandemic, SIJ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous