A summary of the financial results for German steel and metal products distributor Kl??ckner & Co SE for the July-September quarter of 2021.
Summary
In the third quarter of 2021, Kl??ckner beat its own record, set in the second quarter, when it achieved the highest quarterly operating income since its initial public offering in 2006.
The strong performance was driven by high steel prices amid an improved market environment, the company said.
Fastmarkets' daily calculation of the steel hot-rolled coil index, domestic, exw Northern Europe, averaged ?,?1,129.25 ($1,308.99) per tonne in the third quarter. This was up by ?,?68.16 per tonne from an...