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22 Mar
12:14

CMC Poland performance slumps, foresees construction demand rebound

A combination of improving economic data and government-sponsored investment could bolster Polish long steel demand in the quarters ahead, says CMC. Regional mills’ production cutbacks helped its Polish unit raise selling prices and improve profitability versus the previous two quarters. However, on-year results were down dramatically. CMC Poland saw steel shipments plummet 37% on-year in the second fiscal quarter through February 2024 to 275,000 short tons.…
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