Cognor expects economic growth, rise of steel demand in Poland
22:10
Steel producer Cognor expects maintenance of economic growth in Poland and possible increase of demand for steel in the near future, company finance director Krzysztof Zoła said.
Steel production in Poland will keep growing year-on-year in the second quarter, however without new investments, further dynamic growth wouldn’t be likely, Zoła forecasted.
According to Cognor, steel production in the world rose in the first quarter by 4.1 percent. The highest growth of 6.1 percent was in China, while in Poland it amounted to 5.8 percent.
The company also said it would expect to maintain the sales level in the current quarter.
