28
Mar
14:06
Outokumpu adjusts profit forecast as strikes continue
Political strikes in Finland have now been announced to continue for a fourth week, until 7 April, which will exacerbate the impact on Outokumpu's adjusted Ebitda by approximately another €5 million ($16.5m).
The stainless steelmaker notes it will be able to restrict the cumulative impact of the four-week political strike on its adjusted Ebitda to approximately €80m, Kallanish hears.
“Even during the strike, we must ensure a minimum level of o…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous