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10 Mar
16:42

Klöckner enters 2020 with optimism after losses

Germany’s Klöckner & Co suffered from falling prices and volumes in 2019, and ended the year with a net loss. It has entered the new year with optimism that this can be turned around, mainly because last year’s phase of windfall losses in a period of falling steel prices has now been largely overcome. However, by the time that the distribution group announced its figures in Düsseldorf yesterday, the coronavirus has become a major wildcat …
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