financial results

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Salzgitter notes the weakness of the German economy and uncertainty about exports

The steel sector was affected by high energy prices and high imports

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Voestalpine cuts profit forecast due to weak economic environment in Europe

The company also notes the uncertainty of US tariffs

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Salzgitter’s EBITDA for FY2024 exceeds expectations

The company reported €445 million in EBITDA, although overall financial performance declined

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ArcelorMittal received $2.33 billion in net profit in 2024

The company's revenue for the period amounted to $62.44 billion

POSCO reduced steel production by 1.1% y/y in 2024

Last year, the company reduced rolled steel sales by 1% year-on-year

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Tata Steel reported a profit in Q3 fiscal year 2024/2025

Analysts expected a loss amid weak performance in Europe and falling prices in India

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Tata Steel’s losses in the UK reached £1.1 billion due to the closure of the Port Talbot blast furnace

The British division's revenue for the 2023/2024 financial year fell by 16% y/y

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Thyssenkrupp has reduced the assets of its steel division by €1 billion

The company is currently negotiating with the Czech EPCG regarding a 50:50 share in the division

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Low steel prices affect Tata Steel’s performance in the UK and the Netherlands

The company notes that the global operating environment remains challenging

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British Steel increased losses eightfold in 2022

The negative trend continues in 2023 and 2024

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Interpipe increased its profit by 5.1% y/y in H1 2024

Revenue from sales of the company's products increased by 3.3% y/y in 6 months

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ArcelorMittal received $1.44 billion in net profit in H1

The company's revenue for the period amounted to $32.53 billion

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