Ferroglobe Q3 2026 adjusted EBITDA turns negative at $2.36 million versus prior quarter
Bitget2026/11/03 22:28- Ferroglobe's third-quarter 2026 adjusted EBITDA swung to negative $2.4 million quarter-over-quarter due to higher energy costs in Spain.
- Plans call for closing five plants and shifting production to more competitive facilities, targeting approximately 80% capacity utilization.
- The plant consolidation and a planned 20% overhead reduction target an $85 million–$115 million adjusted EBITDA improvement at full run rate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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