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10 Jun
09:55

Stalprofil sees record profit, further steel-consuming infrastructure investments

Stalprofil says first-quarter steel market performance improved considerably despite the ongoing Covid-19 pandemic. The continuation of EU-funded gas pipeline and rail and road infrastructure investments in Poland will boost demand and prices throughout the year. Stalprofil’s revenue rose 16% on-year in Q1 to PLN 423.16 million ($114.9m) and net profit attributable to shareholders soared 191% to PLN 16.08m, Kallanish notes. Q1 saw a jump in steel demand ami…
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