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01 Mar
07:30

Acerinox results decline in 2023 despite strong Q4

Acerinox saw production improve in the fourth quarter of 2023 both over Q3 and year-on-year. Full-year 2023 results declined but were deemed by the firm as “good” amid the sharp fall in apparent steel consumption in the main markets in which it operates. 2024 will continue to be marked by geopolitical uncertainty and the threat of overcapacity in Asia, the Spain-headquartered stainless steel producer forecasts in its last earnings report monitored by K…
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