A summary of the financial results of German metals distributor Kl??ckner & Co for the first quarter of 2020.
In brief Continued weakness in the automotive, machinery and energy sectors, especially in Germany and the United States, weighed on Kl??ckner's results for the first quarter of 2020 Around 90% of Kl??ckner's branches are still operational, with the majority of closures in France The effects of the Covid-19 pandemic started to bite in the second half of March, which, as a result, left demand for steel down by 30%...