Schmolz & Bickenbach’s 2011 earnings up on increased special steel demand

Mar 07, 2012 | 10:23 AM |

Special steel manufacturer Schmolz & Bickenbach posted higher earnings for 2011 as it benefited from increased demand for its special steel, the company said on Wednesday March 7. Earnings before interest, taxes, depreciation and amortisation (Ebitda) were €296.2 million ($390 million) in 2011, up from €232.9 million in 2010. “Relative to the....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center