07
Aug
09:45
Outokumpu turns to loss, foresees lower third-quarter deliveries
Outokumpu expects stainless steel deliveries to decrease -10% on-quarter in the third quarter due to seasonally low demand in Europe and the continued Covid-19 pandemic impact. The firm has accelerated its Long Products segment strategic review under new management.
The European stainless steel market remains challenging as a result of continuing import and price pressure, the steelmaker says. The planned maintenance work at the ferrochrome mill in Tornio, Fi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous