08
Dec
13:45
Stalprofil reduces profit, cautions over withheld EU funds
Stalprofil’s revenue surged 56% on-year in the third quarter to PLN 575.95 million ($129.4m) but net profit slumped 41% to PLN 15.77m due to higher costs, Kallanish notes.
Steel product sales volumes rose 9.4% in Q3, the firm says without providing tonnages, with sales value up 24%. In the transmission infrastructure (pipeline) segment, which includes pipe coater subsidiary Izostal, revenue soared 121% thanks to sales to Polish pipeline operator Gaz-System, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous