13
Oct
13:43
CMC Poland margins, shipments deteriorate, outlook unchanged
CMC Poland saw margin compression and reduced shipments impact profitability in the August quarter, as Polish construction activity decelerated further and industrial production across Central Europe remained muted. The challenging market environment is seen persisting in the November quarter.
CMC Poland’s shipments fell 9% on-year in the quarter to 389,000 short tons. They were down by the same rate on-quarter. Rebar deliveries plunged 15% and mer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous