Mycron Steel publishes 2026 annual report
Bitget2026/10/30 02:18- Mycron Steel returned to profitability in the year ended June 30, 2026, supported by higher sales volumes across both manufacturing divisions.
- Cold-rolled coil operations redirected capacity toward domestic customers as trade barriers curtailed exports.
- Steel tube sales rose in domestic and overseas markets, but intense price competition and higher production costs constrained margins.
- European trade restrictions prompted market diversification to reduce reliance on individual markets and sectors.
- The board recommended no dividend for the year.
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