06
May
14:27
Booming demand boosts Tata Steel Europe performance
Tata Steel Europe saw performance increase significantly during the fourth fiscal quarter through March, thanks to a jump in demand, Kallanish notes.
Deliveries increased 17% quarter-on-quarter and 3% year-on-year in the March quarter to almost 2.5mt. Ebitda jumped to $125 million.
Crude steel production across Tata Steel’s European mills also returned to Q1 2020 levels, at above 2.6mt.
"The EU steel demand recovery is ongoing; the automotive segment …
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Anonymous
Very good overview of the weekly steel market.
Anonymous