04
Nov
10:59
Acerinox expects harder stainless markets in fourth quarter
Global stainless supplier Acerinox, is not yet seeing any recovery for the global stainless market in the fourth quarter of 2019, the Spanish-headquartered steelmaker tells Kallanish.
The company has seen its turnover fall by -5% year-on-year during the first nine months of this year. Crude steel production meanwhile was down -10% y-o-y during the same period, to 1.7 million tonnes.
“The decline in industrial activity, coupled with excess production in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous