Sponsored
Article Tools

Eder: Future of Voestalpine and Steel Manufacturing Industry

Published: April 4, 2013; 14:47 · (Vindobona)

In an interview CEO of voestalpine, Wolfgang Eder explains the current situation on the steel market and points out that mass products will come from CESEE countries in the future.

Eder: Future of Voestalpine and Steel Manufacturing Industry / Picture: © Voestalpine AG

With losses of around 15 %, the two steel manufacturers voestalpine and ThyssenKrupp perform above average. The world’s biggest steel producer ArcelorMittal has had to face losses of more than 25 %. Even Bloomburg’s sector index decreased by 20 %. Currently the steel market is in a big struggle. Analysts estimate that the bad patch will continue for some more time.

Wolfgang…

This article includes a total of 480 words.

or Log In

Fast News Search
Related News
Voestalpine´s Research Expenditures Have Tripled (February 16, 2013)
Voestalpine: CEO Eder Cautiously Optimistic (February 7, 2013)
Eder Reaffirms: „European Industrial Sector Is in Danger“ (January 21, 2013)
Eder: „We are Cautious“ (August 27, 2012)
Merger of Glencore and Xstrata: voestalpine Not Concerned (February 8, 2012)
Read More
Turkey, Ukraine, Russia, CESEE, Eurozone, Brussels, Wolfgang Eder, Voestalpine, Steel Industry, Earnings, FDI Foreign Direct Investments, Bankruptcy, Automotive Industry, Transport Industry
Featured
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter