10
Aug
13:36
Lower prices, demand reduce Qatar Steel's H1 revenue
Qatar Steel (Qasco) posted a year-on-year decrease in revenue while its profits grew in the first half of 2016, Kallanish learns from parent company Industries Qatar (IQ).
The fall in revenue was driven by "... a marginal decrease" in product prices and "... lower sales volumes in line with lower demand and the absence of the sales of certain intermediate steel products in the current year," IQ explains.
Steel prices declined on-year "…
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Anonymous
Very good overview of the weekly steel market.
Anonymous