10
Nov
13:35
High steel demand boosts voestalpine revenue, outlook uncertain
Austria’s voestalpine saw revenue and profit growth significantly in the first half of its 2021/22 business year. However, further positive growth expectations appear somewhat more uncertain.
The company’s revenue increased by 37.8% in the reporting period to €7 billion ($8.1 billion), after all key market and product segments of the steel and technology group delivered solid performance.
Ebitda surged by 165.8% on-year, from €395 milli…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous