contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


outokumpu-oyj-outokumpu-manager-transaction-marc-simon-schaar-2

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Outokumpu is a manufacturer of stainless steel and the group offers specialized solutions for various industrial purposes. The steel is used in tools, industrial infrastructure, and medical equipment. Customers are found on a global level, primarily in Europe and North America. Sales take place via global sales and service centers. The head office is located in Helsinki.

Thanks Opa for the link and the highlights. Certainly, the situation in Iran and the sharp rise in energy prices have brought caution to end-demand. Perhaps now that an agreement is being reached and energy prices have started to decline significantly, demand will also pick up. Price development, on the other hand, has been heading in a good direction. Maybe the “next leg” will come from the removal of these uncertainties; at the latest, it would come if a decent peace could be achieved in Ukraine as well. The EU intends to expand CBAM to include products containing steel, among others. This supports both EU industry and Outokumpu. Based on the press release, the entry into force could be at the beginning of 2027. So, the Commission’s proposal is out now, and trilogue negotiations with the Council and Parliament will start ASAP. https://www.consilium.europa.eu/en/press/press-releases/2026/06/12/council-moves-to-strengthen-the-eu-s-carbon-border-adjustment-mechanism/

Morgan Stanley update, which doesn’t directly refer to Outokumpu but to two European competitors, as well as the market situation. Boldings are my own, but briefly, the current situation in Europe is reflected in the share prices, including:  -significantly reduced imports -40..-50%  -increased prices approx. +20%  -Acerinox is more interesting than Aperam due to US production (like Outokumpu), prices +20% vs Europe  Aperam shares fell over 3% on Tuesday after Morgan Stanley downgraded the stainless steel maker to “equal-weight” from “overweight,” citing a less asymmetric risk-reward profile following a recent re-rating in the stock. Morgan Stanley raised its price target on the Luxembourg-based company to €52 from €48, even as it cut the rating. The brokerage said the first leg of Europe’s stainless steel recovery was “largely reflected in estimates and valuation.” “We downgrade Aperam to EW after the re-rating,” analysts said, adding that the European stainless structural reset “remains intact, supported by policy,” but price and spread momentum “has paused.” European stainless steel imports fell 40% year-on-year in the first quarter and 49% quarter-to-date in the second quarter, the note said. Quota utilization averaged below 50%, which the brokerage said had muted the impact of stricter safeguard measures set to take effect on July 1. European prices have recovered 22%, or €518 per metric ton, from a September 2025 trough, while spot spreads have risen 18%, the note said. However, the pace of price increases has slowed since March, with prices leveling out in May. Morgan Stanley said Aperam’s normalized EBITDA ambition of €700 million to €800 million was “broadly reflected” in 2027 and 2028 consensus and the brokerage’s own expectations. The brokerage forecast Aperam EBITDA of €481 million for 2026, €717 million for 2027 and €794 million for 2028, compared with consensus estimates of €513 million, €714 million and €788 million, respectively. The brokerage forecast 2026 earnings per share of €2.20, rising to €4.39 in 2027 and €5.16 in 2028. It projected net debt falling to €414 million in 2028 from €978 million in 2025. Morgan Stanley said it now sees greater medium-term upside in [Acerinox](Investing.com Mobile Apps for Android & iOS), which it rates “overweight,” citing the Spanish company’s US stainless steel exposure, where spreads remain about 20% above European levels. The brokerage raised its Acerinox price target to €18.40 from €15.50. Aperam’s bull case scenario was raised to €72 per share from €67, while its bear case was unchanged at €19. The brokerage set its base-case price target using an EV/EBITDA methodology with a target multiple of 6.4 times average estimated 2027-28 EBITDA, in line with the historical average of its closest peers. Aperam’s stock has a consensus price target range of €30 to €65, with 33% of analysts rating it “overweight,” 50% “equal-weight” and 17% “underweight,” Morgan Stanley said, citing Refinitiv data.  https://www.investing.com/news/stock-market-news/aperam-down-as-morgan-stanley-says-steel-recovery-is-priced-in-ahead-of-fy26-4744139

Today, new protective measures have been approved in the EU. https://www.consilium.europa.eu/en/press/press-releases/2026/06/08/steel-overcapacity-council-greenlights-new-rules-to-protect-the-eu-steel-market-from-global-overcapacity/

I was left holding almost a million of those weird shares.

Outokumpu Executive Sold Shares for Over 400,000 Euros | Arvopaperi  Outokumpu announces that Johann Steiner, the head of its Americas business area, sold company shares worth over 400,000 euros.

A few of my own highlights from the press conference:  In the Americas, the rise in price levels was already fully reflected in Q1 due to the market dynamics. The Mexican market is improving, and new regulation has been introduced that steers towards the use of local production > this supports Mexican production and prices, now that exports from there to the USA have been restricted due to tariffs. Order books in the Americas are strong and lead times are quite long. In Europe, the rise in price levels is reflected with more of a delay. During Q2, lower-margin orders represent a clearly smaller share than in Q4/25 and Q1/26 and will phase out during Q2. I’m thinking that from Q3 onwards, we should start to see a clear increase in price as well, considering that CBAM came into effect at the start of the year and new safeguards from July; thus, the incoming order backlog is certainly already at a better price and improving all the time. Contracts will, however, partly cause a delay before this fully feeds through to sales prices. FeCr should already receive some support during the year from higher-margin sales. Total production of over 500kt possible? Demand is robust. Q2 results will improve significantly. Half of the improvement comes from volume and half from timing and hedging. Marc Simon further clarified that these improvements will come from “most of Europe”.  Summa summarum: Q1 could have been better (Europe!!), but the market direction as a whole is good now. Based on the above, I’ll throw out my own Q2 EBITDA forecast: Americas €55m, FeCr €35m, and Europe will also bounce clearly into the black at €20m, so my own Q2 EBITDA forecast/guess is €110m. The positive development should continue in Q3 and Q4, taking seasonality into account of course, but it looks good. Furthermore, if peace could be achieved in Ukraine and Iran in the near future, one could expect a quite significant jump in both European demand and earnings levels, as well as the share price.

In my opinion, it is quite good that Outokumpu does not invest directly in power generation. We are talking about a steel company and a ferrochrome mine, not an energy company. Instead, Outokumpu has sought to reduce its electricity (and other energy) consumption and has made investments in these areas. There are certainly still investment targets to be found on this front as well, but it is good that there is strict discipline regarding investments, so that they don’t have to resort to various share issues and thereby hit the owner’s wallet. It might be worth listening to that interview again, as Kati was merely hoping for a clear long-term industrial (and thus energy) policy for this country, where it is clearly stated what kind of activities they want to encourage in this country to improve opportunities for everyone.

Outokumpu

Outokumpu Corporation Stock exchange release Manager transaction February 26, 2026 at 6.30 pm EETOutokumpu - Manager transaction: Marc-Simon SchaarOutokumpu has received a notification from ...

<div class="abstract">Outokumpu Corporation Stock exchange release Manager transaction February 26, 2026 at 6.30 pm EET</div>Outokumpu - Manager transaction:&nbsp;Marc-Simon SchaarOutokumpu has received a notification from Marc-Simon Schaar, Chief Financial Officer, of a transaction made with its financial instrument, according to the&nbsp;EU Market Abuse Regulation. Detailed information about the transaction is given in the table below.&nbsp;____________________________________________ Person subject to the notification requirement Name: Marc-Simon Schaar Position: Chief Financial Officer Issuer: Outokumpu Oyj LEI: 5493009YRUJJDCFF0R80 Notification type: INITIAL NOTIFICATION Reference number: 144715/11/10____________________________________________ Transaction date: 2026-02-25 Outside a trading venue Instrument type: SHARE ISIN: FI0009002422 Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVETransaction details (1): Volume: 4,572 Unit price: 0 EURAggregated transactions (1):&nbsp; Volume: 4,572 Volume weighted average price: 0 EUR For more information:&nbsp;Outokumpu media desk,&nbsp;tel.&nbsp;+358&nbsp;40 351 9840&nbsp;Outokumpu&nbsp;Corporation&nbsp; &nbsp;<div></div>

Outokumpu Oyj: Outokumpu - Manager transaction: Marc-Simon Schaar

Outokumpu Oyj: Outokumpu - Manager transaction: Marc-Simon Schaar