10
Nov
16:37
Covid-19 hits voestalpine revenue but outlook positive
Austria’s voestalpine saw revenue and profit drop in the first half of its 2020/21 business year through March 2021. However, it regained optimism in the course of the second fiscal quarter.
The company’s revenue declined -21.9% in the reporting period to €5.1 billion ($6 billion), due to lower volumes delivered and lower prices in the period marked by lockdown measures imposed in spring.
The European and the US automotive industries, but also th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous