09
Mar
16:50
Klöckner profits from price surge
Klöckner & Co generated in 2021 its best operating result since it entered the stock market in 2006, executives said at one of the first conferences held live on site in Düsseldorf in two years.
Volumes sold by the distributor group did not rise much from 2020 to 2021, but thanks to much higher prices, revenue in 2021 surged 45% to €7.4 billion ($8.2 billion). Operating income (Ebitda) before material special effects increased from €111 mil…
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Anonymous
Very good overview of the weekly steel market.
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