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Voestalpine Steel Sales Up

August 29, 2011

Steel Exports to US Up by 74 Percent, National Numbers Improving 

Better times for Voestalpine & Co in the first half of 2011 - the company reports sales in the US have increased by 74.3 percent. Between January and June, Voestalpine delivered almost 144.000 tons of steel with a total value of 274 Million Dollars.

Due to the positive development, the total of all US-imports increased by 25 percent to 13,4 Million tons of steel, according to a recent report by the US Department of Commerce.

Despite strong competition from the four largest steel importers, Canada, Mexico, South Korea and Brazil, July sales were still up by 47,9 percent.