A summary of the financial results from German metals distributor Kl??ckner & Co for the fourth quarter and full year of 2020.
In briefSteel demand, negatively affected by the Covid-19 pandemic in the first half of 2020, had started to recover toward the year-end, driving an improvement in Kl??ckner's results. In Europe, the price of flat steel products, which account for around 50% of Kl??ckner's sales, started to increased rapidly after August amid improving demand and tight availability. Fastmarkets'...