24
Nov
14:19
Vitkovice Steel returns to profit after several years
Vitkovice Steel has bounced back into profit after several loss-making years, posting a CZK 25 million ($1.1m) net profit in the nine months through September. This was supported by strong steel demand and production efficiency improvement. The firm says the outlook is also positive despite rising utility prices.
Last year Vitkovice posted a CZK 267m loss. This was still better than previous years. The previous time the firm posted annual profit was in 2017 but th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous