31
Oct
12:19
EU stainless steel market to remain challenging: Outokumpu
Outokumpu expects the European stainless steel market to remain challenging in the fourth quarter, after disappointing results in Q3, Kallanish learns from the company’s latest release.
“The third quarter proved to be as tough as we had predicted,” says ceo Roeland Baan. “Our adjusted Ebitda decreased to €45 million largely due to weak demand and increased imports to Europe resulting in low deliveries and price pressure. Th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous