28
May
10:53
Stalprofil increases deliveries but cautious over virus risks
Stalprofil’s steel sales grew 21% on-year in the first quarter to 48,000 tonnes despite reduced steel output and consumption in Poland the EU, the Polish distributor says. Consolidated revenue rose 8% on-year in the first quarter to PLN 365.8 million ($91.14m), but net profit dropped -10% to PLN 7.1m.
The firm says that although the Covid-19 pandemic has not yet had a significant impact on its operations, a protracted economic crisis could hamper performanc…
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Anonymous
Very good overview of the weekly steel market.
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