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09 Feb
09:31

Aperam sees hard times persisting

The European stainless steel market remains “deeply depressed” despite some improvement in the fourth quarter of 2023, says stainless steelmaker Aperam in its 2023 financial report monitored by Kallanish. “Extreme margin pressure has persisted and volumes reflect an industrial recession in Europe,” comments chief executive Timoteo Di Maulo. Owing to lower sales volumes and weaker prices, the company’s turnover last year decreased by …
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