11
May
12:03
Acerinox posts all-time record results in first quarter
Spanish-headquartered stainless steel producer Acerinox posted record results in the first quarter. The company remains positive over developments in Q2 despite the uncertainties caused by the Ukraine war.
In Q1 Acerinox registered €266 million ($281m) profit after tax, 3.4 times higher than in Q1 2021 and up 34% quarter-on-quarter. Crude steel production surpassed 650,000 tonnes in Q1, up almost 60% y-o-y, while revenue jumped 59%, supported by higher prices…
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Anonymous
Very good overview of the weekly steel market.
Anonymous