Home> News> Outokumpu`s stainless steel deliveries slide in Q4 2022 q-o-q, y-o-y
February 14, 2023

Outokumpu`s stainless steel deliveries slide in Q4 2022 q-o-q, y-o-y

Outokumpu, a leading Stainless Steel manufacturer in Europe based in Finland, reported that its stainless steel deliveries reached 450,000 tons in the fourth quarter of last year, down by 8.4% quarter on quarter and by 18.2% year on year.

During the period, realized prices for stainless steel kept at a lower level in Europe and hiked in Americas, but the prices had an overall drop in both markets.

In 2022, the company`s stainless steel deliveries totaled around 2.1 million tons, a year-on-year decrease of 6.6%. The realized prices for stainless steel during the period were at a higher level in Europe and Americas. However, the profitability in 2022 was negatively affected by sharp price increases for energy and various consumables.

Source:From Yieh Corp

Stainless steel coil

Share to:

LET'S GET IN TOUCH

Copyright © 2024 Shandong Longhao Steel Group Co., Ltd. All rights reserved. Privacy Policy

We will contact you immediately

Fill in more information so that we can get in touch with you faster

Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.

Send