13
Aug
13:59
Stelco breaks even in second quarter earnings
Canadian steel producer Stelco reported neither a profit nor a loss during the second quarter despite an uptick in tons sold, Kallanish reports.
Stelco broke even in Q2 on sales of CAD 411 million ($310.9m). In Q2 2019, the company earned CAD 1m on sales of CAD 427m.
"I am proud of our team's ability to adapt our business to changing market conditions and the uncertainty created in recent months resulting from the global pandemic,” says…
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Anonymous
Very good overview of the weekly steel market.
Anonymous