Tag Archives: voestalpine

Steel industry margins continue to improve

After suffering for some seven years through to 2015, the world’s steelmakers have had cause for cheer over the past couple of years. Following some heavy losses and write-downs, they finally appear to have emerged from the wreckage of the global financial crisis. An economic upswing has taken root in most regions of the world, Chinese steel output and export growth has slowed noticeably, and steel prices have enjoyed an upward swing in consequence.

Continue reading Steel industry margins continue to improve

Prices down but profitability quietly creeps up in Europe’s steel industry

With prices of many commodities at multi-year lows, recent financial releases from some of Europe’s major steelmakers delivered a reminder that not everything is bad in the steel industry.

Following an improvement in profit margins last year, Europe’s steelmakers have continued their resurgence during the first half of 2015.

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Why, when most stories surrounding the steel and commodity markets are overwhelmingly negative these days, might this be the case?

Continue reading Prices down but profitability quietly creeps up in Europe’s steel industry