[SMM Flash News] SMM reported on May 15 that despite facing geopolitical uncertainties and import pressures, European stainless steel giants Acerinox and Outokumpu achieved improved operating performance in Q1 2025. Acerinox's quarterly production increased by 29% QoQ to 512,000 mt, with revenue reaching 1.6 billion euros and earnings before interest, taxes, depreciation, and amortization (EBITDA) climbing to 102 million euros. The company expects EBITDA to continue growing in Q2 and has raised its expectations for synergies from strategic integration. Outokumpu's stainless steel shipments increased by 11% QoQ to 470,000 mt, with adjusted EBITDA reaching 49 million euros, driven by cost optimization and strong performance in its ferrochrome business. Although the strike in Finland impacted performance, the company expects shipments to continue growing in Q2, with EBITDA remaining stable—raw material gains are expected to offset potential equipment maintenance costs.