Steel Giant Outokumpu's Profitability Improved Slightly

yle

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According to Outokumpu, the profit increased mainly due to the increase in the average selling price.

dalademokraten.se

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Avesta will play a central role as Outokumpu takes the next step in its growth strategy. In its half-year report, published on Thursday, the steel giant announced that the Avesta plant will be the first to be included in a new investment program in high-nickel-based alloys.

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Outokumpu's shares fell sharply after the stock market opened.

Talouselämä

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The steel company's results clearly fell short of analysts' expectations.

Dagens industri

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Finnish steel group Outokumpu reports adjusted EBITDA of EUR 100 million.