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01 Mar
15:35

Klöckner lifts earnings, launches e-commerce platform

Germany’s Klöckner & Co raised both its revenues and operating income in the fiscal year 2017, Kallanish hears from the steel distribution group. The increases were especially due to the positive trend in prices as well as to internal optimisation measures, Klöckner says. For its key markets, the group expects that real steel demand will rise by 1-2% in Europe and by about 3% in the USA in 2018. “If the current trend toward hi…
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