11
Aug
17:00
S+B sees prices recover during second quarter
In the second quarter of 2016 the Schmolz+Bickenbach group achieved virtually the same level of deliveries year-on-year, but saw revenues decrease by -14% to €619 million ($692m) due to lower prices.
The company says that there was a slight improvement in the market environment from the first quarter when deliveries totalled 461,000 tonnes, and revenue €604m. Selling prices recovered slightly in the second quarter, and continued to rise as it ende…
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