02
Aug
14:46
Klöckner sees falling revenue despite recovery of volumes
Klöckner & Co expects steel demand to recover sequentially as the year progresses and is now forecasting a slight increase in shipments for 2023.
The German distribution group suffered from a significant steel price correction during the second quarter, chief executive Guido Kerkhoff said during a conference call monitored by Kallanish. Due to the resulting lower average sales price compared with the same period of the prior-year, the company forecasts a …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous