11
Nov
14:31
Swiss Steel eyes recovery, but shipments still low
Swiss Steel Holding, formerly Schmolz+Bickenbach, registered a cautiously positive recovery in the third quarter after two disappointing quarters due to the Covid-19 pandemic impact. But higher steel demand did not translate into increased sales volumes and revenue.
“Sales normalised in the second half of August after production capacities were ramped up smoothly following the summer break,” says chief executive Clemens Iller. “The first signs of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous