German steelmaker Salzgitter sees Q3 headwinds from auto customers, but margins rise
Views : 149
Update time : 2021-11-15 21:04:19
German steelmaker Salzgitter has benefitted from higher steel price margins, but its third-quarter order intake was hampered by lower buying activity in flat steel, the company said Nov. 12.
Supply chain disruptions due to the semiconductor shortage in the auto industry also had direct repercussions since the end of the summer quarter on the books, it said.
Entering the Chinese New Year holiday, market trading is sluggish
Trade & Pricing: Europe's billet market trend 2024-2025
