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Acerinox
Indice: IBEX 35 STOXX 600 

Acerinox, le champion de l'acier inoxydableSpécialisé dans la production d'acier inoxydable long, plat ou sous forme de fils métalliques, le groupe Acerinox fait partie des leaders mondiaux, avec des sites de production en Espagne et aux Etats-Unis, et une distribution mondiale : Europe (dont la Pologne), Amérique Latine, Etats-Unis, Australie, et Asie (Japon, Chine et Singapour).Ses usines intégrées, notamment celle de El Campo à Gibraltar, du Kentucky aux Etats-Unis, et plus récemment de Columbus Stainless en Afrique du Sud sont parmi les plus compétitives du monde, et le groupe couvre, à travers ses diverses filiales, toute la gamme de produits en acier inoxydable : Ainsi, Acerinox produit de l'acier plat laminé à chaud et à froid, Roldan fabrique de l'acier long et Inoxfil des fils métalliques.

ACERINOX, S.A.,is known worldwide as the most competitive group in the world in stainless steel manufacturing. From its constitution, it has carried out a continuous program of investments, with development of own technological innovations that, in some cases, has constituted a true landmark in the technology of stainless steel.

ACERINOX, S.A., es reconocida internacionalmente como la empresa más competitiva del mundo en la fabricación de aceros inoxidables. Desde su constitución, ha venido realizando un continuo programa de inversiones, con desarrollo de innovaciones tecnológicas propias que, en algunos casos, han constituido un verdadero hito en la tecnología de los aceros inoxidables.

http://www.acerinox.es



3/5/2011 Results 1st Quarter 2011 
- Acerinox Group achieves quarterly profit after taxes and minorities of 67.8 million euros (6.7 times higher than the figure achieved in 2010 like period) 
- The EBITDA of the Quarter amounts to 151.2 million euros (61 million in 2010 like period) 
- Acerinox Group global presence has allowed us to get advantage of the demand improvement in all the markets during the Quarter. The strength of the North American Market is to be highlighted 
- The debt remains stable despite the higher activity levels 
- The strength of the demand allow us to be optimistic in face of the second Quarter, for which we expect similar results as in the first one 
 
 

RESULTS 1st QUARTER 2009. The world economic crisis and the strong reduction of demand lead acerinox group into a loss of 93 million euros
Markets

During the first quarter 2009 the stainless steel market has been featured by very low levels of demand due to the economic recession and the industrial activity collapse.  Consumption, although having improved with regard tot he last quarter 2008, has still very low levels, which has led the world industry to cut productions by around 50%.

This collapse of demand has caused policy of final effective price in the market involving very negative margins for the whole industry.

Copyright  2008 Ernstrade.com

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