04
Mar
17:35
Refractories supplier foresees tough first-half steel market
Major steel industry refractory supplier UK-headquartered Vesuvius, says that it witnessed challenging conditions in its key end-user markets of steel and foundry in 2019. Revenue fell year-on-year but profits saw an even steeper decline. It sees little respite in the immediate future.
The company remains reserved in its outlook for 2020. “Our two main end markets of Steel and Foundry were especially weak during the fourth quarter of 2019 and we expect this …
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Anonymous
Very good overview of the weekly steel market.
Anonymous