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Voestalpine Expects Stable Development

Published: December 6, 2012; 17:20 · (Vindobona)

Regarding the next quarters, CEO Wolfgang Eder is slightly optimistic. Steel demand will remain stable, he says.

Voestalpine Expects Stable Development / Picture: © Voestalpine AG

At the moment, voestalpine´s capacity utilization comes at 95%. This level will be maintained, Eder says. According to him, voestalpine´s situation is not comparable with the situation of other steel companies. Due to the economic development, many European steel factories will be shut down in the next months.

Eder underlines that voestalpine benefits from the stable demand in…

This article includes a total of 253 words.

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