Steel News

We strive to let you one step ahead of the market.

Aperam’s stainless steel shipment slides in Apr-Jun

4 Aug 2020 13:31 reported by Joy Liu

A A A
Aperam, a stainless steel manufacturer bases in Luxembourg, reported its stainless steel shipment outside Europe and Brazil totaled around 376,000 tons in the second quarter, dropping by 19% compared to the same period a year ago. The firm’s shipment in the first half of this year also declined by 16% year on year to 814,000 tons. The decrease was mainly due to sluggish demand caused by the COVID-19 epidemic.

Coupled with weaker prices, Aperam’s sales and EBITDA also reduced by 25% and 48% year on year, respectively.

Timoteo Di Maulo, CEO of Aperam, said that the firm was expected to stay at a level worse than historical ones despite a recovering demand, and the third-quarter challenge will be tougher.

Back to Steel News

Related News

Taiwan’s Tang Eng keeps stainless steel prices flat for Oct

  • Stainless steel
  • 30 Sep 2020 15:45

Russian stainless steel imports drop in Aug m-o-m

  • Stainless steel
  • 30 Sep 2020 15:37

Taiwan’s Yusco keeps stainless steel prices flat for Oct

  • Stainless steel
  • 29 Sep 2020 15:24

Taiwan’s Walsin Lihwa raises stainless steel prices for Oct

  • Stainless steel
  • 28 Sep 2020 15:06

South Korea launches AD investigation on stainless steel plates from 3 countries

  • Stainless steel
  • 28 Sep 2020 15:06

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,418.00
  • 2,429.50
  • Aluminum
  • 1,746.00
  • 1,780.00
  • Copper
  • 6,546.00
  • 6,558.00
  • Nickel
  • 14,470.00
  • 14,512.00

Learn more

Coil Exchange Center

  • 2B Coil-Nov
  • 2,450
  • 2,310
  • NO1 Coil-Nov
  • 2,420
  • 2,280
  • 2B Coil-Nov
  • 2,450
  • 2,310
  • NO1 Coil-Nov
  • 2,420
  • 2,280

Learn more