ERAMET Group turnover up 23% in 1st Quarter 2011
May 10, 2011
ERAMET, the French-based based producer of alloying metals, particularly Mn and Ni used to improve the properties of high performance special steels, reports increases in all divisions in the first quarter of 2011.
The company’s consolidated turnover rose 23% to €973 million of which €237 million was contributed by the Alloys Division – an increase of 30% compared with the same quarter in 2010.
The Alloys Division includes the production of the ASP range of PM alloys produced by gas atomisation and HIPing used in tooling, aerospace and specialty steel. ERAMET employs around 14,000 people in 20 countries.
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