UPDATE 2-Voestalpine sees waning demand and steel price wars


* Sees steady operating profit amid tough market conditions * Q4 EBIT 27.8 mln eur vs Reuters poll avg zero * Proposes unchanged dividend of 0.80 euros per share * Shares edge higher in weaker sector (Recasts with quotes and background) By Michael Shields VIENNA, May 30 (Reuters) - Voestalpine saw prospects for a European steel sector upturn slipping away as demand wanes in the car and energy sectors and excess capacity triggers "destructive price wars". The Austrian specialty steelmaker ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Voestalpine sees waning demand and steel price wars" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×