Aperam : European stainless steel market still tough but attractive growth drivers
>Focus on self-help amid still subdued European stainless steel market - We hosted CFO Sudhakar Sivaji and Head of IR Thorsten Zimmermann on a road show in Paris in the wake of the CMD dedicated to Brazil and Renewables. Management remained cautious on recovery prospects for the European stainless steel market. The situation is showing some signs of normalisation, as attested by the good Q4 results posted by S&S, the division closest to the market, a trend expected to...APERAM is a stainless and specialty steel producer. Co. produces a range of stainless steel products and products including electrical steel (grain oriented, non-grain oriented, and non-grain oriented semi-processed steel), nickel alloys and specialties. Co. sells its products to customers on three continents in over 40 countries, including aerospace, automotive, catering, construction, household appliances and electrical engineering, industrial processes, medical, and oil & gas industries. Co. manages its business according to three operating segments: Stainless and Electrical Steel; Services and Solutions; and Alloys and Specialties.
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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