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30 Apr
10:33

Acerinox first-quarter profit dips despite record production levels

Acerinox saw its production and net sales flatten year-on-year in the first quarter of 2018, while net profit was significantly down, the company tells Kallanish. The Spanish-headquartered stainless steel producer foresees improving results in Q2 2018, mainly boosted by healthy demand from the US market. Acerinox adds that it will expand its production capacity in 2018, as a result of the operational start-up of a new annealing and pickl…
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