Stainless steel deliveries in the second quarter are expected to increase by 0–5% compared to the first quarter.
European ferrochrome benchmark price increased to USD 1.56/lb for the second quarter.
Planned maintenance costs are expected to increase by approximately EUR 10 million compared to the first quarter.
Raw material prices have recently been very volatile. With the current prices, the significant level of raw material-related inventory and metal derivative gains in the first quarter are not expected to be of the same magnitude in the second quarter.
Adjusted EBITDA in the second quarter of 2021 is expected to be on a similar or higher level compared to the first quarter.