Steel manufacturer pulls the ripcord - and separates from the traditional German company. As of: March 15, 2024, 4:52 p.m By: Lars-Eric Nievelstein CommentsPressSplit The steel industry is suffering from difficult market conditions.

Voestalpine AG, an Austrian steel company, has now shown how this also affects Austria. The group now expects a result of around 1.6 billion euros. Crude steel production in Germany currently is 3.1 million tons (January 2024)