02
Mar
11:16
Stalprodukt earnings surge, sees minimal Ukraine war impact
Polish electrical steelmaker Stalprodukt says the war in Ukraine will have a minimal impact on its business, as hot rolled coil feedstock is sourced from ArcelorMittal mills in Poland and Western Europe. The firm does however procure supplemental volumes for its profile segment from Ukrainian and Russian mills.
Electrical steel segment revenue surged 93% on-year in the fourth quarter of 2021 to PLN 335.81 million ($77.6m) and segment profit ballooned 18-fold to PL…
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Anonymous
Very good overview of the weekly steel market.
Anonymous