AT A GLANCE: Aperam's Q2 earnings feel the effects of Covid-19; Q3 to remain challenging

July 30, 2020 / www.metalbulletin.com / Article Link

A summary of stainless steel producer Aperam's results for the second quarter of 2020.

In brief Aperam recorded a sharp drop in earnings in the second quarter of 2020 due to restrictions imposed to curb the spread of the Covid-19 pandemic leading to a drop of demand for stainless flat steel and lower selling prices - although pressure from imports also dropped compared with the same period last yearThe company's sales and shipments also fell significantly due to the...

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