29
Oct
10:33
Qatar Steel revenue drop accelerates to 12% in January-September
Qatar Steel (Qasco)’s revenue fell -12% on-year in January-September to QAR 4.12 billion ($1.13 billion), while net profit declined -25% to QAR 802.2 million, Kallanish learns from parent company Industries Qatar.
IQ’s consolidated revenue including its petrochemical and fertiliser joint ventures declined -7% to QAR 11.26 billion, while net profit fell -19% to QAR 3.83 billion. The steel segment, IQ’s biggest by revenue (36% of overall sal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous