27
Sep
16:03
Klöckner lifts forecast, emphasises broad product mix
Klöckner & Co has again announced an upward adjustment of its income expectations.
The steel distribution group now expects Ebitda of €260-280 million ($304-328m) for the third quarter, up from the €200-230m predicted earlier. For full-year 2021 the German-based company expects to achieve Ebitda before material special effects of around €800m, up from €650-700m predicted earlier.
This would be Klöckner's best operating full-y…
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Anonymous
Very good overview of the weekly steel market.
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