07
Feb
09:02
Qatar Steel sales decline -12% in 2015
Qatar Steel (Qasco)’s revenue declined -12% on-year in 2015 to QAR 5.23 billion ($1.44 billion), while net profit plunged -31% to QAR 872.2 million, Kallanish learns from parent company Industries Qatar (IQ).
Rebar sales revenue fell -8% on-year in 2015 to QAR 4.52 billion, while wire rod sales declined -16% to QAR 237m. Merchant billet sales plunged -56% to QAR 295.99m after Qasco decommissioned in February 2015 its oldest electric arc furnaces nos. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous