03
Nov
16:05
Prices seeing 'gentle' rebound, says Klöckner
Distribution group Klöckner & Co cashed in massively in the third quarter on considerably higher steel prices, as well as on windfall effects brought by the price surge. While most steel prices have meanwhile seen a downward correction from their record peaks in summer, this trend seems to be turning again at the moment.
“Right now, I think we are seeing a gentle resurgence of prices,” chief executive Guido Kerkhoff told Kallanish during a tel…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous