22
Nov
09:39
Celsa set to improve profitability/sales in 2017
Spanish longs supplier Celsa says that it will see a leap in both sales and profits in 2017 according to a company statement sent to Kallanish.
The steelmaker estimates that its turnover will be €4.5 billion ($5.31 billion) and its Ebitda €450 million this year, a boost in sales of over 30% and in profitability of over 50%, both year-on-year.
Celsa made the announcement after having officially closed the refinancing of its existing debt wi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous