Celebrating 20 years of Türkiye’s biggest steel industry gathering!
We are pleased to announce that this not-to-be-missed “New Horizons in Steel Markets” conference will mark its 20th edition on Tuesday, December 9 at Istanbul Marriott Hotel Asia, Türkiye.
The conference, organized by SteelOrbis annually, provides attendees with the opportunity to network with senior directors and managers from international steel companies, while they will also get to listen to presentations from important players in the global steel market regarding the main issues and latest trends in the market, as well as hear their expectations for the future.
Please CLICK HERE to see the particiaption fees
What You Will Find at This Conference?
- You will have the opportunity to listen to the insightful views of distinguished international speakers from the steel industry regarding the main issues and latest trends in the market, as well as their expectations for the future.
- You will have the opportunity to listen to the latest global economic issues as discussed by renowned economists.
- You will be able to interact with steel market experts and executives from all the most prominent companies.
Please CLICK HERE to see the conference agenda
Who Attends?
- Steel Producers
- Rolling Mills
- Traders
- Steel Service Centers
- Raw Material Suppliers
- Pipe Producers and Distributors
- End Users
- Finance Companies
- Logistics Companies
- Technology Companies
- Machinery Companies
Please CLICK HERE to see the attendee list
How to Register?
CLICK HERE for online registration
E-mail: events@steelorbis.com
General Information
About SteelOrbis
SteelOrbis is a unique e-marketplace and market intelligence provider that offers up-to-date news on the steel industry and steel trading from one single source. While its market intelligence service keeps its members updated on the latest pricing and trends in the steel world with daily price reports and market analyses derived from actual transactions, SteelOrbis also organizes steel events which brings together the steel industry.
Gestamp’s Q3 revenue declines, market uncertainty remains
Gestamp posted weaker net revenue and Ebitda in the third quarter. Amid high uncertainty and limited market growth in the automotive sector, the Spanish firm has made an update to its guidance for the end of 2025.
Gestamp anticipates a slight improvement in automotive business profitability compared with 2024. The supplier of components to the global automotive sector expects to generate free cash flow of €134 million ($154m), in line with 2024, and to improve its year-end leverage ratio to 1.6x net debt to Ebitda, it says in its latest report monitored by Kallanish.
“We are facing a complex market environment driven by regulatory uncertainties and volatility in production volumes,” says Gestamp chief executive Francisco Riberas. “Our focus is to maintain and strengthen our capital structure in an industry undergoing a profound transformation, improving profitability through rigorous operational efficiency and strict cost control, while optimising indebtedness to strengthen our balance sheet.”
Gestamp’s Q3 net revenue totalled €2.64 billion, down from €$2.78 billion in the same period last year.
The company saw third-quarter revenue improve solely in North America (+2% y-o-y) to €581 million and Eastern Europe (+7.5%) to €419.1m. In western Europe, Asia, and the South American (Mercosur) market, it was down by 7.4%, 13.7% and 16.5%, respectively, to €883.6m, €434.7m and €210.1m.
Gestamp’s nine-month net revenue totalled €8.48 billion, down 4.9% compared with €8.92 billion in January-September 2024.
Ebitda in Q3 reached €283.9m, down 3.3% on-year. Year-to-date through September, earnings before taxes were 1.1% weaker at €925.1m.
Todor Kirkov Bulgaria
