12
Mar
16:15
S+B expresses cautious optimism for 2020
Schmolz+Bickenbach group expects its profit in 2020 to be substantially improved compared to 2019, driven by a restructuring programme and improved inventory situation in end-user markets. The possible effects of the coronavirus on end-user markets cannot yet be assessed, it notes.
The producer of special long steel reported a drop in sales by -12.6% on-year in 2019 to 1.83 million tonnes, compared to 2.1mt in 2018. Turnover fell by -10% to €2.98 billion…
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Anonymous
Very good overview of the weekly steel market.
Anonymous