12
Oct
10:31
Higher stainless price increases lift Outokumpu profit expectations
Stainless steel supplier Outokumpu confirms it is expecting third-quarter Ebitda to be above Q2. This exceeds previous expectations.
The supplier notes that stainless steel prices have "increased more than expected". The company sees delivered volumes growing 8% on-quarter in Q3, with realised prices set to be higher than expected.
"Outokumpu had earlier expected its third-quarter adjusted Ebitda to be at a similar level compared to the second quar…
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Anonymous
Very good overview of the weekly steel market.
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