Aperam gains nearly 1% and outperforms the trend in Amsterdam, helped by Oddo BHF, which raises its opinion from 'underperform' to 'neutral', with a price target raised from 24 to 32 euros, in a note devoted to European stainless steel producers.

In a global sector considerably weakened by the emergence of Indonesia, we welcome the recent strengthening of customs barriers in Europe, which should have a significant impact with the recovery in demand expected in 2024", says the analyst.

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