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Eder: „We are Cautious“

Published: August 27, 2012; 20:15 · (Vindobona)

Wolfgang Eder, CEO of the Austrian steel company voestalpine, thinks that the market conditions will remain difficult.

Eder: „We are Cautious“ / Picture: © Flickr / Worldsteel

In an interview with “Wirtschaftsblatt”, Eder emphasizes to remain cautious in the next six to nine months. “In autumn, there will be a small boom because of the rebuilding of stocks. But as long as the uncertainty in the Eurozone persists and the development of China is unforeseeable, it will be difficult.”

At the moment, the European steel industry only has a capacity…

This article includes a total of 225 words.

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