19
Aug
08:42
Rebar supports Dongkuk Steel’s skyrocketing quarterly profit
South Korean steel producer Dongkuk Steel has announced skyrocketing net profits for the second quarter of 2021, supported by a demand increase for rebar and high steel prices, Kallanish notes from the company’s quarterly performance report.
Although consolidated revenues in Q2 only rose 30.25% quarter-on-quarter to KRW 1.82 trillion ($1.55 billion), the company’s net income jumped to KRW 147.9 billion, with an increase of 435.87% q-o-q and 137.78% yea…
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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