Tag: low-CO2 metal technology
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Europe: Outokumpu’s Q2CY’25 sales slip on lower prices; Q3 outlook weak amid market headwinds
Stainless steelmaker expects 5-15% drop in deliveries in Q3 EBITDA falls, but higher deliveries, cost cuts limit decline Outokumpu, the global leader in sustainable stainless steel in Europe and the second-largest producer in the Americas, reported softer sales in Q2CY’25 as lower realised stainless steel prices offset higher deliveries. Consolidated sales came in at EUR 1,486…