Outokumpu back to profit in Q1 2012 on improved stainless demand

Apr 27, 2012 | 07:28 AM |

Outokumpu returned to profit in the first quarter of 2012 on the back of improved demand for standard grades of stainless steel, the company said in a quarterly results statement on Friday April 27. The Finland-based company posted earnings before interest, taxes, depreciation and amortisation (Ebitda) of €60 million ($79 million) in the first quarter of 2012, up from....

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