05
Feb
12:09
Outokumpu reduces debt in "... harsh" market conditions
Finnish stainless steel producer Outokumpu saw “… a significant reduction in debt” in 2019, the company says in a results summary sent to Kallanish. In a tough market however, most financial indicators fell sharply compared to 2018.
In his comments on the results, ceo Roland Baan says “In 2019, the European steel industry continued to suffer from the surge of imports and unprecedented price pressure caused by the US steel tariffs. It …
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Anonymous
Very good overview of the weekly steel market.
Anonymous