17
Sep
13:55
Stalprodukt second-quarter performance deteriorates, seeks GOES anti-dumping review
The Covid-19 pandemic impact significantly hampered Stalprodukt’s earnings in the second quarter after it was untouched in Q1, Kallanish notes.
The electrical sheet segment saw revenue decline -17% on-year in the first half of 2020 to PLN 387.9 million ($102.7m), while segment profit dropped -9% to PLN 43.6m. This was the result of a -12% drop in sales volumes and lower sales prices, the latter of which were partially offset by a weaker zloty against th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous