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04 May
14:39

Klöckner maintains steady volumes amid ‘panic’ buying attempts

Klöckner & Co achieved very good sales and profit in the first quarter, and actually recorded some growth in customer business as a side-effect of the Ukraine war. The steel distribution group is only minimally impaired directly by restrictions resulting from the war. Russia, as well as Ukraine, are neither source nor export markets for Klöckner's steel, chief executive Guido Kerkhoff said during a conference call on Wednesday. On the contrary, …
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