14
Aug
11:50
Lower automotive prices, volumes hurt thyssenkrupp
Thyssenkruppp Steel Europe saw orders and sales drop in its third fiscal quarter through June, affected by a challenging environment that included high energy costs and growing import pressure in Europe.
Order intake amounted to €2.7 billion ($3 billion) and revenue to €2.8 billion. Each fell by around half a billion euros in comparison to the corresponding previous-year quarter. This was due both to significantly lower prices and decreased volumes, espe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous