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03 Nov
12:23

US business helps steady third quarter for Klöckner

In the first nine months of the year Germany’s Klöckner & Co lifted its revenue by 1.2% compared with prior-year period to €5.0 billion ($5.48 billion). This was as a result of positive exchange rate effects, despite lower prices and quantities, Kallanish hears from the company. Shipments reached 4.94 million tonnes, compared to 5.04m tonnes in the corresponding 2014 period. Third quarter shipments fell year-on-year by -3.2% to 1.64mt and rev…
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