19
May
01:00
Schmolz+Bickenbach downgrades operating forecast, steel market prospects for 2015
Switzerland's Schmolz + Bickenbach is not very optimistic for prospects for the steel market in 2015, and says that “… expectations for steel consumption carry a negative sign”. The steelmaker was presenting its first quarter 2015 operating report monitored by Kallanish.
Since March, when S+B forecast an operating profit of €250 million ($278m) for the full year, worldsteel has lowered its forecast for steel demand this year. The …
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Anonymous
Very good overview of the weekly steel market.
Anonymous