03
Nov
11:55
Outokumpu sees bleak outlook for Q4
Outokumpu expects Q4 stainless steel deliveries to move down as much as 10% compared with Q3; during the same period, the group expects to record a quarterly loss after a strong financial performance registered during the January-September 2022 period.
“Our third-quarter performance was solid. We delivered €304 million ($296.33m) of adjusted EBITDA, which is the best third-quarter result in Outokumpu’s history. We also reached a significant milest…
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Anonymous
Very good overview of the weekly steel market.
Anonymous