Aperam : We remain confident in the improvement of the market’s prospects
>CEO cautious on timing and strength of recovery - For Europe, CEO Timoteo Di Maulo expects end-markets to remain stable in Q1 2020. The automotive, household appliances and capital goods sectors remain weak but are no longer deteriorating, while construction and industry remain okay. The CEO seemed more cautious to us than Outokumpu’s CEO (Roeland Baan), who believes that its orderbook is filling up again, that the utilisation rate is satisfactory and that delivery t...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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