11
May
11:54
Thyssenkrupp’s earnings win over costs in first half-year
Despite macroeconomic and geopolitical headwinds, thyssenkrupp was able to continue its good performance into the second quarter of the fiscal year through September 2022 (FY22).
The group’s order intake went up by over 50% year-on-year to €13.6 billion ($14.4 billion). Key drivers were higher market prices for steel achieved by its mill unit, tk Steel Europe, and distribution unit, tk Materials Services.
During the first fiscal half-year – six …
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Anonymous
Very good overview of the weekly steel market.
Anonymous