26
Jun
14:47
Trinecke Zelezarny increases shipments, anticipates reduced automotive demand
Trinecke Zelezarny (TZ) increased crude steel production by 2% on-year in 2018 to 2.58 million tonnes. Revenue rose 13% to CZK 40.5 billion ($1.8 billion), with net profit at CZK 3.33 billion despite the difficult market situation, the Czech steelmaker says.
“It's much more than we expected at the beginning of last year,” TZ supervisory board chairman Tomas Chrenek comments in a note seen by Kallanish. “It allows us to strengthen our r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous