29
Oct
16:19
Ovako sees performance uptick despite market uncertainty
Sweden’s engineering steel specialist Ovako saw an improved profit performance year-on-year it says in its third quarter 2017 results summary monitored by Kallanish. Order intake increased and Ebitda and Ebit both improved, although both sales volume and revenue fell compared to Q3 2015.
In its short term outlook, the company says that it expects the market for engineering steel in Europe to be characterised by continued uncertainty in the next quarter. In…
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Anonymous
Very good overview of the weekly steel market.
Anonymous