Brief: Acerinox Expects Stainless Steel Activity To Recover As From March
28/02/2025 06:27
Feb 28 (Reuters) - Acerinox ACX.MC: EXPECTS A RECOVERY IN STAINLESS STEEL ACTIVITY AS FROM MARCH 2025 AS DISTRIBUTORS' INVENTORIES BELOW THE AVERAGE OF RECENT YEARS SAYS HIGH-PERFORMANCE ALLOYS MARKET REMAINS STABLE AND THE ORDER BOOK REMAINS STRONG EXPECTS Q1 ADJUSTED EBITDA TO BE SLIGHTLY HIGHER THAN Q4 ADJUSTED EBITDA EXPECTS RECENT MEASURES ADOPTED BY THE U.S. ADMINISTRATION WILL FAVOUR MARKET DEMAND Source text: nCNMZ1DSP Further company coverage: ACX.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))