21
Jul
13:41
Stalprofil profit soars, sees threats to price uptrend
Stalprofil says disruption to the current supply-demand balance and potential changes in production costs for mills, related to raw materials, energy and CO2 costs, threaten the steel price uptrend seen since last December.
The Polish distributor forecasts first-half-of-2021 steel segment revenue to grow 22% on-year to PLN 439.1 million ($112.4m), while net profit is seen ballooning 650% to PLN 55.5m thanks mainly to an “unprecedented” rise in steel pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous