The company reported additional impairment charges in the Performance Products business division ranging between €75m and €85m. Management experienced ongoing weak demand and declining prices for graphite electrodes. Overcapacity in primary steel production and declining prices for raw materials will negatively impact secondary steel producers and demand and prices for graphite electrodes.
26 Feb 2016
Delisting SGL Carbon – a viable option?
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Delisting SGL Carbon – a viable option?
SGL Carbon SE (SGL:WBO) | 0 0 -0.4% | Mkt Cap: 1,409m
- Published:
26 Feb 2016 -
Author:
Heinz Steffen -
Pages:
2
The company reported additional impairment charges in the Performance Products business division ranging between €75m and €85m. Management experienced ongoing weak demand and declining prices for graphite electrodes. Overcapacity in primary steel production and declining prices for raw materials will negatively impact secondary steel producers and demand and prices for graphite electrodes.