Steel Mills
November 5, 2014
Kloeckner Metals Earnings
Written by Sandy Williams
Kloeckner Metals Corporation, the Americas segment of Klockner & Co. SE, had shipments of 733,000 tonnes (807,989 tons) in third quarter 2014, up 2.6 percent year over year due to favorable market development. Shipments were even with second quarter results. Sales were €634 million ($7.9 million), compared to €608 million ($7.5 million) in Q2 and up 6.8 percent year over year.
EBITDA, before restructuring costs, was €29 million ($36 million).
