Tag «disappointing progress»

Outokumpu – Good progress on synergies, cost saving and ferrochrome offset by weak market and disappointing progress in Americas

Developments in the second quarter 2013 In line with guidance, the second quarter 2013 showed flat underlying EBIT losses versus the first quarter 2013 in a challenging environment with a continuously falling nickel price leading to lower deliveries and lower margins. During the second quarter of 2013, global demand was up by 3.8%, but the …