Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Swiss Steel group recently announced that its sales volume in the first quarter of the year increased by 12pc to 510,000t (462,664mt) compared to the same period in 2020. 


The long steel product producer however saw a 59pc increase in its order backlog to 684,000t in Q1 2021 compared to Q2 2020. 


It added that its adjusted EBITDA also improved to be around €44mn ($53.3mn) in the three-month period compared to €-6mn in the same quarter last year. 


$1 = €0.82

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