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01 Oct
08:57

Danieli sees recovery, Sisak full utilisation in 2021

Technology supplier and steelmaker Danieli expects the steel market to gradually recover in 2021, after a consolidation during the second half of 2020. The Italian-headquartered company published its financial results for the year ended June 2020, confirming that while its steelmaking arm suffered a drop in revenue, its plant-making business was more resilient. The plantmaking unit saw a 5% year-on-year increase in revenue in the fiscal year to €2.1 billion …
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