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06 May
15:33

Outokumpu starts 2021 strongly, but imports concern

Stainless steelmaker Outokumpu has reported a strong start to 2021, supported by increasing sales and profitability. The group's first-quarter sales reached €1.67 billion ($2.01 billion), against €1.61 billion in Q1 2020. Ebitda, meanwhile, increased to €177 million, up some €70m year-on-year, Kallanish notes. Stainless steel deliveries for the group reached 608,000 tonnes in the quarter, up 85,000t y-o-y, confirming the return t…
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