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Reuters - 2 months ago

Aperam, Econick Form JV Called Botanickel

BRIEF-Aperam, Econick Form JV Called Botanickel Feb 10 (Reuters) - Aperam SA APAM.AS : APERAM & ECONICK HAVE FORMED A JV CALLED BOTANICKEL BOTANICKEL IS USING PLANTS TO EXTRACT NICKEL FROM SOIL AND THEN TURNING THAT NICKEL INTO STAINLESS STEEL Further company coverage: APAM.AS (Gdansk Newsroom)
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Reuters - 2 months ago

Aperam Expects Q1 EBITDA At Higher Level Versus Q4

BRIEF-Aperam Expects Q1 EBITDA At Higher Level Versus Q4 Feb 10 (Reuters) - Aperam Sa APAM.AS : FULL YEAR AND FOURTH QUARTER 2022 RESULTS FY NET PROFIT 625.0 MILLION EUR Q1 2023 EBITDA IS EXPECTED AT A HIGHER LEVEL VERSUS Q4 2022 WE GUIDE FOR COMPARABLE Q1 2023 NET FINANCIAL DEBT DIVIDEND OF EUR 2.00 PER SHARE (SUBJECT TO AGM APPROVAL) AND SHARE BUY BACK TO CONTINUE IN LINE WITH FINANCIAL POLICY AS OF DECEMBER 31, 2022, TOTAL EQUITY AMOUNTED TO EUR 3,392 MILLION AND NET FINANCIAL DEBT WAS EUR 46
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Reuters - 2 months ago

LME expands nickel committee to help improve contract, dwindling volumes

LME expands nickel committee to help improve contract, dwindling volumes By Pratima Desai LONDON, Jan 26 (Reuters) - The London Metal Exchange has added four new members to its nickel market committee to widen the range of views on how to improve its nickel contract, where volumes have crashed after the trading mayhem last March. A stampede to cover short positions resulted in nickel CMNI3 prices spiking more than 50% in a matter of hours to a record above $100,000 a tonne on March 8 when the LM
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Reuters - 6 months ago

Steel makers fear deepening crisis from energy crunch as output halted

By Philip Blenkinsop GENK, Belgium, Sept 23 (Reuters) - Spiralling energy costs have forced steel makers to cut output across Europe, threatening mass plant shutdowns some warn could be permanent in a sector that employs more than 300,000 and contributes tens of billions of euros to the region's economy. Even with four wind turbines and over 50,000 solar panels at its site in eastern Belgium, stainless steel maker Aperam has been forced to halt production as surging energy prices bite.
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