20
Mar
16:57
Evraz's African sales slump in 2018
Evraz’s revenue generated in Africa fell -32% on-year in 2018 to $179 million, Kallanish learns from the Russian steelmaker. This represented 1.39% of the Russian steelmaker’s consolidated revenue versus 2.44% in 2017.
Revenue generated in Egypt fell -14% in 2018 to $86m, following a -28% on-year drop in 2017. Revenue recorded in Kenya slumped -27% in 2018 to $77m, following a 36% surge in 2017. Although sales in Algeria surged 125% in 2017…
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Anonymous
Very good overview of the weekly steel market.
Anonymous