21
Jul
19:16
SSAB Americas earnings rise on-quarter
SSAB’s North American second-quarter earnings increased from Q1, but showed a year-on-year decline, Kallanish reports. The Americas division’s adjusted operating results were reported at $3.51 billion, up 2% over Q1.
“We had some thunderstorms and other things happening, so we missed the shipping targets by a couple of days or weeks and that will then come back in Q3. But that led to somewhat lower shipments in the second quarter compared to our …
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Very good overview of the weekly steel market.
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