Kloeckner warns of ?350 M-plus loss

摘要

Duisburg-headquartered steel distributor Kloeckner says it will post a net loss of between ?350 Mand ?380 M ($383 M to $416 M) this year, chiefly due to the cost of impairments and restructuring.Because the US market environment for steel and metal products is "once again" worse-thanexpected,the group will write off around ?270 M of goodwill in its North American activities.