27
Apr
14:13
Higher prices, new markets boost Qatar Steel sales
Significantly higher steel prices and a change in sales destinations helped Qatar Steel (Qasco) increase revenue 26% on-year in the first quarter to QAR 1.4 billion ($384.62 million).
An increase in raw materials costs and short supply of some consumables were the key factors behind increased steel prices, Qasco parent Industries Qatar (IQ) says.
IQ’s consolidated revenue, including its petrochemicals and fertilisers subsidiaries, rose 18% in Q1 to QAR …
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Anonymous
Very good overview of the weekly steel market.
Anonymous