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29 Jul
13:22

Acerinox second-quarter production lowers on-year

Acerinox saw second-quarter production, net sales and main financial indicators impacted by the situation caused by the Covid-19 outbreak, the Spain-headquartered stainless steel producer tells Kallanish. “In very adverse conditions, Acerinox has managed to generate cash flow, increase liquidity and achieve a positive result in spite of the asset impairment carried out in Bahru Stainless amounting to €43 million [$50.4m],” the company commen…
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