OUTOKUMPU OYJ Mining News

Outokumpu 1Q net loss of euro187 mln as sales plummet

Finnish metals group Outokumpu Oyj reported Thursday a first-quarter net loss of euro187 million , down from a profit of euro63 million last year, as sales were more than halved because of the global economic recession.

Outokumpu cuts 3Q loss to €74 million

HELSINKI, Finland : Finnish metals group Outokumpu Oyj said Thursday that it narrowed its losses by two thirds in the third quarter, to 74 million , mainly because of lower nickel prices.