05
May
14:38
Borusan Mannesmann revenue surges amid strong domestic demand
Borusan Mannesmann’s prime-quality product sales increased 11% on-year in the first quarter to 165,000 tonnes, of which 62% was exported. The growth came from the strong domestic market, Kallanish notes.
Borusan’s Q1 revenue increased by 61.6% to $262.6 million. The company reported a net profit of TRY 108.6m versus TRY 73.3m profit last year.
The share of high value-added pipe, including special and spiral pipe, in total prime products revenue w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous