Steel market slump

The company puts this down to the falling prices of steel products and a lack of turnover. The firm's consolidated revenues amounted to zł.151.7 million, while a year ago they were double this figure. The company's H1 sales results dropped from zł.605.5 million in 2004 to zł.336.1 million this year. Its results were influenced by the fact that it sold its shares in two companies, Ferrostal Łabędy and Złomhuta, and lost control over Stalexport Wielkopolska.