At the end of the first quarter, Outokumpu made a profit
Finnish Outokumpu (one of
a leading stainless
steel steel companies) in the I
quarter of this year returned to
profitability. According to the press service
of the Corporation, for the 1st — 3rd months
capacity Outokumpu profits
amounted to more than € 30 million.
Earlier in specialized
press reported that a similar
period of 2010 the Finnish steel
the company has finished with a negative
indicators: January — March last
the loss of the company amounted to 21 million
Euro.
Even less comforting
the profitability of the Corporation
marked the last quarter of last
year. We will remind that following the results of work in
October — December 2010 the financiers of the company
stated loss of € 85
million So to start 2011
Finnish metallurgists can be called
successful.
According to experts
analytical Department of the company,
the first three months of this year the volume of
sales Outokumpu amounted to:
- In the semis — 114 thousand tons (an increase of 81% more than the former indicators);
- The steel hot-rolled strip — 312000 tons (+ 18,6%);
- At the plate metal — 83 thousand tons (almost 24% more);
- In X/K band — 698 thousand tons, which exceeded the previous results by 28%.
- Pipe — 51000 tons (which is slightly below the previous level sales).
Outokumpu is a leading concern
Finland in the field of production
stainless steel (commercial sector Stainless Steel),
copper (Copper Products division), and black
metal (Metallurgy). The headquarters of the organization
located in Espoo (near
Helsinki). Stainless steel company
produces facilities located
(except for Finland) in countries such
like the UK, USA and Sweden. In addition
these States, metallurgical
the Corporation owns assets in 25 countries
world and has offices almost
in every region of the planet.