05
Mar
13:43
Stalprodukt electrical steel sales slump, but profiles rebound
Stalprodukt’s electrical steel sales dropped in the fourth quarter, but profile performance improved significantly, Kallanish notes.
Electrical steel sheet segment deliveries fell 12% on-year in Q4, the firm says without providing tonnages. Revenue declined 12.5% to PLN 174 million ($45.2m) and segment profit was down 71% to PLN 4m. This was the result of lower demand, as seen in Q3, stemming from transformer users postponing investments. The volume was…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous