19
Aug
16:39
Borusan Mannesmann’s first-half sales decrease amid Covid-19
Borusan Mannesmann’s prime quality product sales decreased -20% on-year in the first half of 2020 to 263,000 tonnes, of which 70% was exported.
First-half Ebitda was TRY 157.8 million ($13m), down from TRY 285.3m last year. Profit margin fell from 3.6% a year earlier to -1.19%, while Ebitda margin fell to 8.6% from 12.2%.
High value-added drill and well pipe’s share in total prime products revenue was 41% in H1, the firm says without providing tonnage…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous