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26 Sep

Aperam revises Q3 outlook downward

French stainless steel producer Aperam, part of ArcelorMittal, is issuing a downward revision to its outlook for the third quarter due to recent market developments and issues at two of its facilities in Belgium. A longer stoppage of the Genk upstream facility for the construction of the new AOD as well as unexpected issues at the melt shop in Chatelet caused a significant loss in shipments during the quarter, the steelmaker reveals. Discussing third-quarter perfo…
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Natalia Capra  |  France
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