07
Aug
13:40
Better prices boost Klöckner performance in Q2
Klöckner & Co reports significantly improved results for the second quarter of its business year, Kallanish learns from the company’s operating results.
“Prices have actually developed better than they have thought,” says Michael Broeker of consultancy Steubing AG, the only analyst to attend Klöckner annual general meeting this year. He adds that €38 million ($42.1m) of the performance was attributable to a better revaluation…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous