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26 Nov
11:15

Konsorcjum Stali hikes Q3 deliveries, foresees infrastructure growth

Poland’s third-largest steel distributor, Konsorcjum Stali (KS), has reported a 14% on-year increase in shipments in the third quarter to 148,100 tonnes. As Poland’s leading reinforcement fabricator, the firm expects to benefit from the wave of EU-funded infrastructure investments in the country beginning in 2016. KS’s net sales rose 19% on-year in Q3 to PLN 304.58 million ($75.6m), but net profit declined -46% to PLN 2.49m. The declining price…
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