AT A GLANCE: Aperam's Q2 earnings feel the effects of Covid-19; Q3 to remain challenging

A summary of stainless steel producer Aperam's results for the second quarter of 2020.

In brief Aperam recorded a sharp drop in earnings in the second quarter of 2020 due to restrictions imposed to curb the spread of the Covid-19 pandemic leading to a drop of demand for stainless flat steel and lower selling prices - although pressure from imports also dropped compared with the same period last year The company's sales and shipments also fell significantly due to the...

Published

Julia Bolotova

July 29, 2020

11:26 GMT

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