Monthly Archives: August 2015

Prices down but profitability quietly creeps up in Europe’s steel industry

With prices of many commodities at multi-year lows, recent financial releases from some of Europe’s major steelmakers delivered a reminder that not everything is bad in the steel industry.

Following an improvement in profit margins last year, Europe’s steelmakers have continued their resurgence during the first half of 2015.

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Why, when most stories surrounding the steel and commodity markets are overwhelmingly negative these days, might this be the case?

Continue reading Prices down but profitability quietly creeps up in Europe’s steel industry