AT A GLANCE: Outokumpu reports lower 2019 earnings on reduced deliveries

February 07, 2020 / www.metalbulletin.com / Article Link

A summary of the financial results for Finnish stainless steelmaker Outokumpu for the fourth quarter and full 12 months of its 2019 financial year.

In briefThe company noted the effects on its earnings of "exceptionally low deliveries across all business areas" and high nickel prices.High import volumes as a result of US trade wars were blamed for the struggles of the European market and the intensified competition in Asia.Low activity in the global automotive industry was also cited, along with low prices.Full year 2019Earnings before interest,...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok