04
Aug
13:54
Voestalpine foresees second-half economic deterioration, registers automotive improvement
Following its strong financial performance in its first fiscal quarter through June (FQ1), voestalpine expects a significant cooling of the economy in the second half of 2022, with a corresponding impact on the company’s earnings.
“It is expected that this will especially affect the cyclical business segments of the voestalpine group,” the company observes. “Besides the flat steel business, this includes, in particular, voestalpine products…
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Anonymous
Very good overview of the weekly steel market.
Anonymous