06
Nov
15:32
Automotive slowdown, trade war hamper voestalpine earnings
Voestalpine says earnings in the third fiscal quarter through December are likely to be as difficult as the previous quarter, improving in the March-2020 quarter on seasonal factors and cost-cutting and efficiency measures.
Over the next few months voestalpine will aim to stabilise earnings by “… examining the ramifications of the changed global economic framework for the positioning of all of the Group’s material business segments,” the…
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Anonymous
Very good overview of the weekly steel market.
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