UPDATE 4-Solid demand buoys Voestalpine Q3 oper profit

Newswire

(Adds valuation detail, recasts throughout) By Francois Murphy VIENNA, Feb 17 (Reuters) - Austrian steelmaker voestalpine AG beat forecasts on Friday with a 13 percent jump in third-quarter operating profit, buoyed by strong steel prices and robust demand, and raised its full-year earnings forecast. Voestalpine, one of Europe's top suppliers to the automotive industry, said demand from that key market remained high. Demand from oil platform and pipeline makers was also solid, and its ...

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