14
Oct
11:28
S+B looks at further ways of reducing costs
Following its profit warning issued on Tuesday, speciality steel maker Schmolz + Bickenbach continues to examine further ways of bringing down costs. This is so, even though company investments this year are above average.
The company normally has an annual expenditure level of €100 million ($114m), which this year has risen to around €150m. The main factors contributing to this increase are the acquisition of real estate already used but not owned by …
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Anonymous
Very good overview of the weekly steel market.
Anonymous