03
Nov
13:41
Qatar Steel sales grow amid high profitability
Qatar Steel’s consolidated revenue grew 25% to QAR 2.91 billion ($799.4 million) in the first nine months of 2021, from QAR 2.33 billion ($641.4m) in the same period of last year, parent company Industries Qatar (IQ) says in a report seen by Kallanish.
The company attributes the revenue increase in January-September to an upswing in average sales prices by 31% on-year to $652/tonne. The improvement in selling prices is due to an increase in demand, link…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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