10
Aug
16:09
Klöckner sees price dynamic, demand growth continuation
After excellent sales in the first half, German-based steel distribution group Klöckner & Co is extremely optimistic regarding the remainder of the year.
In the second quarter, higher prices and increased demand led to “a very considerable growth” in revenue, by 58% on-year to €1.8 billion ($2.1 billion). To a large part, this is attributable to steel prices, given that the tonnage sold grew more slowly, but also considerably, by 21% to 1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous