Aperam Sa Ord (APMSF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Aperam's Q3 podcast. I am Tim Di Maolo, Aperam's CEO, and I hope you are having a good start of the day. Today, together with Sud Sivaji, Aperam's Deputy CEO, and Nicolas Changeur, our new Chief Financial Officer, we will discuss our third quarter performance, current trading, and the outlook for the fourth quarter. In addition, I will start with my comments on the development the European Commission has announced to protect the European steel industry. As always, we will host a conference call later. The start time is 2 p.m. Central European Time, and we are welcoming your questions then. The link to register for the conference call is available on our website and at the end on the last slide of this podcast presentation. Aperam is providing the following information as part of its early release documentation. This material supports our quarterly financial reporting and, where applicable, our disclosure of regulated information. Please take note of the disclaimer on page two. Usually we start with the quarterly highlights, but this time let's begin with the topic which has been on everyone's mind. The news from Bruxelles sounds very good. European Commission is working on the European Steel Action Plan and we increasingly see signs that the European Commission will protect the steel market in Europe to create a fair playing field. The new regulatory environment will have positive implications for us. On October 7th, the European Commission announced the plans to set import quotas at the level reflecting the historical share of imports in the European market and to set the 50% tariffs on imports exceeding this quota. We welcome this proposal strongly. In terms of timing, there is another process step to go. The 27 member states of the European Union have t...