12
Aug
11:54
Tk Materials keeps focus on Americas and AI
On the back of high market prices, Europe’s largest steel distributor, thyssenkrupp Materials Services, lifted revenue in the third fiscal quarter (April-June) by 46% year-on-year to €4.8 billion ($4.9 billion).
At €386 million, adjusted Ebit was also significantly above the prior-year level of €232m. The order intake rose by 13% to €4.1 billion, lower than the revenue figure, which points to saturation in the customer groups, Kallanish b…
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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