11
Nov
16:00
Tata Europe sees deliveries fall but Ebitda grow
Despite its well-publicised problems, Tata Steel Limited’s European business, Tata Steel Europe, saw performance improvements during the August to October quarter in 2016, the company tells Kallanish. Although deliveries fell on-quarter, Ebitda rose thanks to a stronger performance in the Netherlands, impact of earlier restructuring in UK and depreciation of the pound relative to Euro.
The company offers little detail in terms of market outlook, suggesting…
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Anonymous
Very good overview of the weekly steel market.
Anonymous