06
Sep
14:05
Slovenia's SIJ sees earnings drop on high base
Special steelmaker Slovenian Steel Group (SIJ) saw revenue drop 17.6% on-year in the first half of 2023 to €601.5 million ($646m) due to a high base effect caused by exceptional market conditions last year, the firm says.
Ebitda was at €53.7m and net profit was €14.2m in H1, the firm adds without providing comparison.
Earnings were comparable to H1 2021, when the economy was not affected by “special operational circumstances”, the firm …
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Very good overview of the weekly steel market.
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