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Slovenian steel group SIJ's revenue up by 6.3% in 2018

Steel News - Published on Tue, 18 Jun 2019

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Slovenian steel group SIJ revenue grew by 6.3% to EUR 802.8 million in 2018, but net profit was down by 66% to EUR 4.9 million, the group said that despite the drop in profit, the group is still stable, noting that in 2018 its steel production rose further and the share of steel with higher added value in its sales remained high. Exports accounted for 84.6% of the group's total revenue or EUR 679.3 million.

SIJ said that "We increased sales and being an export-oriented company, we generated most revenue in foreign markets.”

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Posted By : Ratan Singh on Tue, 18 Jun 2019
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