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25 Jul
21:00

Stelco projects strong Q2 performance

Earnings for Canadian flat-rolled steelmaker Stelco are expected to be up both sequentially and on-year during the second quarter, Kallanish learns from the latest estimates by the company. A preliminary report by Stelco projects its second quarter earnings to reach CAD 460–470 million ($358-366m) resulting from the sale of approximately 677,000 short tons of steel products during the quarter. Stelco reported record-high profitability in the first…
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