• Aperam expects fourth-quarter 2026 adjusted EBITDA slightly above the third quarter's €105 million, supported by a seasonal recovery in Europe.
• Shipments should rise quarter over quarter, despite lower seasonal demand in Brazil; no economic recovery is expected.
• Full-year 2026 capital expenditure guidance was reduced to approximately €175 million.
• Net financial debt should decline in the fourth quarter from €980 million at September-end.
• The full-year 2026 base dividend remains €2 per share, totaling approximately €145 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aperam SA published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.