06
Apr
15:50
SSP says Covid-19 impact on performance unknown
Saudi Steel Pipe (SSP) says it is unable to estimate the impact of the Covid-19 pandemic on its finances at present. The situation has caused operational interruptions and slowdown in businesses at local, national and global levels, according to the pipemaker.
SSP’s exports declined -36% on-year in 2019 to SAR 17.4 million ($4.6m), thus accounting for 2.6% of overall sales versus 4.2% in 2018. SSP’s overall revenue in 2019 rose 4% on-year to SAR 671.6m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous