Austria’s steelmakers increased crude steel production in November compared with the previous month, according to worldsteel data.
Output amounted to 562,260 tonnes, up by 4.5% from October but flat year-on-year, Kallanish notes.
Austria remained in 23rd place in the ranking of top global steel producers, the data show.
In January-November, the country produced 6.57 million tonnes of steel, flat on-year.
Overall EU output in November was 1.7% more on-year at 10.68mt.
In the first 11 months of the year, steel production was 4.6% higher on-year versus the same period in 2023 at 119.9mt.
Austrian steelmaker voestalpine recently said it performed well in the first half of its business year through March 2025 despite the difficult economic environment in Europe. Demand remained strong from the railway infrastructure and aerospace sectors, and for high-bay warehousing systems made from advanced steel profiles.
The group’s revenue in H1 reached €8 billion ($8.3 billion), which is 5.5% or around €500 million below the comparative period in the first half of 2023/24. Ebitda decreased by 20.5% y-o-y to €718m and was influenced by negative one-off effects including the sale of its Buderus Edelstahl subsidiary and closure of automotive operations in Germany.
The decline in volumes was partly offset by a better product mix with higher profits, while lower sales prices were partly compensated by reduced raw materials values.
Svetoslav Abrossimov Bulgaria
