11
May
11:10
Thyssenkrupp’s distribution business boosts profit at stable volumes
Thyssenkrupp Materials Services, thyssenkrupp AG’s distribution and trading unit for steel and metals, cashed in on the sharp increase in steel prices in the first fiscal half-year ending 31 March (H1).
The unit boosted its order intake and revenue by close to 50% each in comparison with the first half of the previous year, to €8.26 billion ($8.72 billion) and to €7.74 billion, respectively. Pre-tax profit (Ebit) increased still more rapidly, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous