25
Sep
14:26
Klöckner lifts earnings forecast amid improving market
Klöckner & Co has lifted its profit forecast for the third quarter, Kallanish learns from an ad-hoc statement from the German-based steel distribution group.
Over the course of the third quarter, the negative impact of the Covid-19 pandemic on the group’s operating business was considerably mitigated. The company attributes this to
positive digitalisation and restructuring effects, but also cites market factors. In particular, it mentions recovery i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous