24
Oct
16:01
Voestalpine raises outlook for business year
Despite an overall moderate to pessimistic outlook for the coming months, voestalpine has lifted its earnings forecast from the statement made in August.
The Austrian company then reported record earnings for its first fiscal quarter, April to June, which coincided with the price surge induced by the invasion in Ukraine. But it also issued an outlook based on the assumption of a strong economic slowdown in the second half of the business year, giving an Ebitda of …
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Anonymous
Very good overview of the weekly steel market.
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