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27 Jul
08:39

Aperam sees tough quarter ahead

Stainless steel coil producer Aperam expects the market environment to remain extremely challenging and third-quarter Ebitda to decrease versus Q2. The company saw revenue fall in Q2 and faced a strong consumption downturn, with prices decreasing in Europe, Kallanish learns from Aperam’s Q2 earnings report. “We knew that the second quarter would be tough, but the actual situation in Europe has taken a turn for the worse. Persistent destocking caused …
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