08
May
16:28
Outokumpu sees tougher financial first quarter
Finnish stainless steel producer Outokumpu saw “… solid cash generation” in the first quarter of 2019, the company says in a results summary sent to Kallanish. Despite this, earnings fell year-on-year due to a combination of rising input costs, lower realised base prices and lower deliveries, resulting in a net loss.
In his comments on the results, ceo Roland Baan again uses the term ‘must-win battles’ when referring to the co…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous