Spanish stainless steel manufacturer Acerinox S.
A. announced financial and operating results for the second quarter of this year.
The company reported a net profit of €71 million in the quarter, compared with a net profit of €5 million in the second quarter of 2025, while its net sales were €1.58 billion, an increase of 14.3 percent year-on-year. Additionally, Acerinox's second-quarter EBITDA rose 85.3 percent year-on-year to €176 million.
In the second quarter, the company's steel production increased 9.4 percent year-on-year to 540,000 tons. Additionally, hot-rolled steel production rose nine percent from the same quarter in 2025 to 42,000 tonnes, while cold-rolled steel production stood at 318,000 tonnes, remaining flat year-on-year.
Acerinox said its second-quarter results marked a clear turning point. reflecting a significant improvement over the first quarter, supported by the strength of its business. Commenting on the results, CEO Bernardo Velasquez said the company's North American operations continued to be a key driver of profitability, while the European market began to show signs of improvement following the introduction of new trade measures.
The company also highlighted the impact of new European Union trade protection measures. Although final demand remained muted, European steel imports fell by 31 percent in the first
