10
Feb
16:50
Thyssenkrupp cashes in on higher steel prices
Thyssenkrupp Group made a good start to its new fiscal year, with significantly better order intake, revenue and earnings in the first fiscal quarter through December 2021. This was driven mainly by steelmaking unit tk Steel Europe and distribution unit tk Materials Services.
These divisions each lifted December-quarter revenue by 39% year-on-year – tk Steel Europe to €2.7 billion ($3.1 billion) and tk Materials Services to €3.3 billion. The increa…
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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