10
Feb
10:39
Difficult fourth quarter weighs on Aperam’s 2022 results
Stainless steel producer Aperam posted strong results in 2022 but witnessed a significant downturn in the fourth quarter.
“Q4 has been a demanding quarter. Destocking and recession fear affected demand while cost inflation and valuation effects additionally burdened earnings,” chief executive Timoteo Di Maulo comments in the company earnings report monitored by Kallanish. “We think that we crossed the cyclical trough. It proved again the value an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous