04
May
14:36
Klöckner sees stable-to-increasing volumes for rest of 2022
Following a highly successful first quarter, Klöckner & Co expects stable to slightly increasing shipments in Q2.
In Q1, the distributor’s shipments came to 1.26 million tonnes, down 2.3% on-year but surging by 13.4% on the preceding quarter. Revenue increased by around 60% on-year to €2.4 billion ($2.5 billion), largely on the back of rising prices. The operating result (Ebitda) adjusted for special effects was €201 million, far abo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous