Steelmaker Outokumpu's Q4 profit drags as cost inflation bites

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 9 (Reuters) - Finnish stainless steelmaker Outokumpu on Thursday reported lower-than-expected fourth-quarter earnings, weighed down by high cost inflation in energy and consumable prices and lower stainless steel volumes towards the end of the year. (Reporting by Jagoda Darlak and Louise Rasmussen in Gdansk; Editing by Milla Nissi)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.