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07 Nov
15:30

Outokumpu sees some recovery in fourth quarter

Outokumpu says its deliveries of stainless steel in the fourth quarter are expected to increase by up to 10% compared to Q3, as it sees some recovery in Europe. In Q3, the company’s deliveries decreased by 11% from Q2 to 449,000 tonnes, in line with the seasonal pattern, Kallanish learns from the firm’s third-quarter report. One year earlier, in Q3 2022, deliveries were at 491,000t. “The third quarter of 2023 reflects the cyclical nature of the s…
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