15
Dec
15:34
Klöckner’s outlook improves on recovering market
Klöckner & Co says it was able to benefit disproportionately from the positive market developments of recent weeks, and has therefore adjusted the earnings figure it forecasted for the full year.
It now expects an Ebitda before material special effects of €105-115 million ($128-140m) for 2020, contrary to previous expectations of €75-95m, and still a significantly positive cash flow from operating activities.
“In the course of the fourth…
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Anonymous
Very good overview of the weekly steel market.
Anonymous