25
Mar
15:08
Klöckner and Salzgitter cancel 2020 fiscal guidance
German steel distribution group Klöckner & Co and steelmaker Salzgitter AG both say that they will be unable to maintain the profit guidance they gave earlier this month, Kallanish notes. Following thyssenkrupp, they are the other big stock market-listed German steel companies to have lowered expectations because of the coronavirus crisis.
Against the background of crisis measures and unforeseeable developments in the near future, the economic impact of t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous