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Steel enterprises in Austria: China may break the balance with expanding export
Steel enterprises in Austria: China may break the balance with expanding export
Published: 27 Oct 2009 01:23:57 PSTOctober 27 MetalBiz--Wolfgang Eder, CEO of Voestalpine-a steel enterprise in Austria said that China may increase steel export and break the fragile balance in steel market.
When referred to the situation of new orders, he said that "we are worried China will export significantly in H1 next year".
He expressed that it may damage the whole steel market and Voestalpine' s Q4 business till March will also be affected.
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