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Kloeckner & Co Se - KLKNF STOCK NEWS

Welcome to our dedicated page for Kloeckner & Co Se news (Ticker: KLKNF), a resource for investors and traders seeking the latest updates and insights on Kloeckner & Co Se stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kloeckner & Co Se's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kloeckner & Co Se's position in the market.

Rhea-AI Summary

Klöckner & Co announces plans to construct a new aluminum flat-rolled processing facility on the Aluminum Dynamics (ADL) campus in Columbus, Mississippi. The 200,000-square-foot facility will have an annual capacity of 250,000 tons and is scheduled to begin operations in Q4 2026. This strategic investment, executed through subsidiary Kloeckner Metals (KMC), aims to expand the company's higher value-added product portfolio and strengthen its presence in the US and Mexican automotive and industrial markets. The facility will process ADL's energy-efficient, CO2-reduced aluminum products and leverage KMC's network of 55 locations across the US and Mexico.

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FAQ

What is the current stock price of Kloeckner & Co Se (KLKNF)?

The current stock price of Kloeckner & Co Se (KLKNF) is $6.22 as of February 7, 2025.

What is the market cap of Kloeckner & Co Se (KLKNF)?

The market cap of Kloeckner & Co Se (KLKNF) is approximately 481.0M.
Kloeckner & Co Se

OTC:KLKNF

KLKNF Rankings

KLKNF Stock Data

481.00M
56.22M
43.64%
23.63%
Steel
Basic Materials
Link
Germany
Duisburg