Acerinox : Good results for Q2 2021 marred by the partial sale of Nippon Steel’s stake
>Activity continues to hold up well - Demand remains strong in Europe, the US and Asia. In particular, the home appliance, automotive and construction segments are holding up well while activities linked to projects are beginning to pick up. The restaurant/catering sector is showing signs of life. The upturn in demand has been accompanied by restocking but the absolute/relative level of stocks remains reasonable. The market share of imports will likely continue to fal...Acerinox is the parent company of a group engaged in the manufacture and sale of flat and long stainless steel products, and stainless steel wires. Co.'s major products include slabs, billets, black coils, plates, hot-rolled coils, hot-rolled sheets, flat bars, hot-rolled re-bars, hot-rolled black bars, engraved sheets, cold-rolled coils, cold-rolled sheets and circles. Co. also provides long stainless steel products, such as wire rods, angles, hot rolled flat bars, hot rolled re-bars, reinforced bars in coils, cold rolled re-bars, hot rolled black bars, cold drawn bars, and smooth turned bars. In addition, Co. offers wires, welding wire bars, and bars for electrodes.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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