Spain's Acerinox 9-mths net loss in line

MADRID, Oct 28 (Reuters) - Spanish stainless steel maker Acerinox (ACX.MC) said on Wednesday its nine-months net loss reached 235.6 million euros ($349.5 million), in line with forecasts for a net loss of 235 million from a Reuters survey of six analysts.

Acerinox said it expects the uptick in stainless steel demand seen in the third quarter of 2009 to moderate to the end of the year, before growing about 6 to 10 percent in 2010.

Acerinox said steel prices should improve in the first quarter of 2010. (Reporting by Jonathan Gleave, Editing by Judith Macinnes and David Holmes) ($1=.6740 Euro)