Voestalpine reports record annual revenue despite weak European steel markets

Austria-based steelmaker Voestalpine reported the highest annual revenue in its history in the business year 2022/23, the company said on Wednesday June 7.

This was despite weak demand for steel in Europe and an “exceptionally volatile environment” caused by the war in Ukraine, high energy costs, inflation and rising interest rates, as well...


Lola Crossley

June 07, 2023

17:20 GMT