20
May
01:00
Schmolz+Bickenbach foresees product mix/margins benefits from distribution sell-off
Switzerland’s Schmolz + Bickenbach foresees an improvement in its product mix and profit margins following the spin-off to Jacquet of those stockholding distribution activities not immediately linked to its own production. The company disclosed this view at its first quarter operating results presentation monitored by Kallanish.
The share of tool and stainless steels in the product mix will slightly increase, whereas standard engineering steels will be…
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Anonymous
Very good overview of the weekly steel market.
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