06
Mar
14:39
Stalprodukt sees continued electrical steel pricing pressure
Stalprodukt’s electrical steel sheet segment revenue surged 53% on-year in the fourth quarter of 2018 to PLN 202.46 million ($53.3m) and gross profit increased 35% to PLN 17.66m. Export revenue rose 52% to PLN 186.16m and domestic sales rose 76% to PLN 16.3m.
Volumes rose 47% due in large part to the acquisition last year of Czech-based Frydek Mistek, Stalprodukt says without providing tonnages. Q4 saw light pricing pressure, which brought an end to t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous