Aperam is trading 4.02% up now at €48.70 after J.P. Morgan expressed optimism about a European stainless-steel pricing recovery and set a €57 price target.
- Outokumpu advanced 5.33% and Acerinox 1.44%, suggesting the move is primarily sector-driven rather than company-specific.
- Aperam’s August alloy surcharge changes provided additional industry context, though weaker nickel reduced its 304-grade surcharge.