25
Nov
12:57
thyssenkrupp goes for lower prices in spot deals
thyssenkrupp Steel Europe says that it has brought down prices in spot deals to keep its production going. In the business report of the fiscal year 2018/19 of parent thyssenkrupp AG, which ended 30 September, the company notes that “… we also made lower-priced spot deals to safeguard employment. “
The steelmaker concedes that “… as a result, price pressure increased overall.” Notably, order intake at tk Steel “&h…
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Anonymous
Very good overview of the weekly steel market.
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