11
Aug
13:58
Thyssenkrupp envisages higher steel shipments
In its third fiscal quarter through June, thyssenkrupp Steel enjoyed increasing revenue, order intake and profit, on the back of high market prices, whereas volumes declined. However, in the long run, the company expects an overall increase in annual shipments.
High steel prices led to a significant rise in June quarter order intake, by 25% on-year to €3.1 billion ($3.2 billion). Revenue rose by 47% to €3.6 billion. Despite the sharp hike in raw material…
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Anonymous
Very good overview of the weekly steel market.
Anonymous