SIJ Steel Group Reports EUR 8.1M Net Profit for Q1

Ljubljana, 28 June - The Russian-owned SIJ steel group, which returned to profit last year, has reported a 7.7% drop in revenue to EUR 175m for the first quarter and a 16.5% decrease in net profit to EUR 8.1m. The biggest Slovenian steel maker, which is starting a fresh bond issue worth EUR 30m-50m, nonetheless expects to improve on 2014 this year.