27
May
12:30
Surging prices offset Ukraine-war first-quarter volume shock: Bowim
Polish distributor Bowim reported a 60% on-year growth in consolidated first-quarter revenue to PLN 647.2 million ($151m), with net profit rising 45% to PLN 46.5m, Kallanish notes.
At the start of 2022, European steelmakers had expected regional steel consumption to continue rebounding from the Covid-19 pandemic impact and reach record levels, but Russia’s invasion of Ukraine has “diametrically” changed the situation, Bowim says.
When the Ukrain…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous