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Photo – Voestalpine cuts profit forecast due to weak economic environment in Europe
Voestalpine cuts profit forecast due to weak economic environment in Europe

The company also notes the uncertainty of US tariffs

Photo – Salzgitter’s EBITDA for FY2024 exceeds expectations
Salzgitter’s EBITDA for FY2024 exceeds expectations

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

Photo – ArcelorMittal received $2.33 billion in net profit in 2024
ArcelorMittal received $2.33 billion in net profit in 2024

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

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

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

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

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

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

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

The company notes that the global operating environment remains challenging

Photo – British Steel increased losses eightfold in 2022
British Steel increased losses eightfold in 2022

The negative trend continues in 2023 and 2024

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

Photo – ArcelorMittal received $1.44 billion in net profit in H1
ArcelorMittal received $1.44 billion in net profit in H1

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

Photo – Tata Steel in April-June increased its net profit by 51% y/y
Tata Steel in April-June increased its net profit by 51% y/y

Total expenses in this period fell by 11% year-on-year

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