Voestalpine expects profit growth on EU import curbs

The Austrian steelmaker expects annual core profit to reach up to 1.85 billion euros as new EU trade policies and carbon levies reduce competition from cheaper Asian imports. While import quotas are set to halve in July, the company warned that energy project delays and geopolitical conflicts could still impact performance.

X24 AIX24 Perspective
Related Assets:

Related News

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1 - 1205 , Cayman Islands

Copyright IUX24 Media LTD. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and intelligence platform. This site provides market news and analytical data only; it does not constitute investment advice, individual trading signals, or brokerage services. All information is for educational and informational purposes. Trading involves significant risk, and we recommend consulting with a qualified financial professional before making any investment decisions.