Outokumpu expects lower adjusted EBITDA in Q3 2025
Outokumpu Oyj anticipates a lower adjusted EBITDA in the third quarter of 2025 compared to the second quarter. The company will publish its interim report for January-September 2025 in October.
Steel company Outokumpu Oyj expects its adjusted EBITDA to be lower in the third quarter of 2025 compared to the preceding quarter. The company projects a 5–15% decrease in deliveries, particularly in Europe, due to market weakness and seasonality.
In Europe, pressure on stainless steel prices is expected to continue, with high Asian imports remaining a factor against subdued demand. In the U.S., while demand recovery signs are absent, existing tariffs are supporting more favorable market conditions for local producers.
Outokumpu also anticipates maintenance breaks in its European operations to negatively impact adjusted EBITDA by up to EUR 10 million compared to the second quarter. Additionally, raw material price fluctuations are expected to result in inventory and metal derivative losses.
The company signed a Memorandum of Understanding with Boston Metal in September to optimize metals production, aiming to enhance output of critical, carbon-free metals for defense and aerospace industries as part of its EVOLVE strategy.
Outokumpu will publish its interim report for January-September 2025 on Wednesday, October 29, 2025. The company enters its silent period on Monday, September 29.