12
Aug
15:32
Outokumpu eyes improved European commodity stainless cost competitiveness
Outkumpu is relatively happy with its performance in the second quarter, despite impairments from a long strike in Finland, Kallanish hears from the stainless steelmaker.
Profitability improved from the first quarter, driven by the Europe business area, which the company still considers problematic against the background of a weak economy.
Outokumpu delivered 468,000 tonnes in Q2, down 7% year-on-year but up 5% from Q1. Revenue reached €1.54 billion ($1.68 b…
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Anonymous
Very good overview of the weekly steel market.
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