Politics

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.

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Eder: Future of Voestalpine and Steel Manufacturing Industry

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.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.