Austrian company VOESTALPINE AG (OTC: VLPNF) reported a gain in its earnings for fiscal year 2015.
Voestalpine's profit before tax climbed to 740.9 million euros for the year, versus a year-ago profit of 640.8 million euros.
Its profit jumped...
Austrian steelmaker Voestalpine is working on a breakthrough technique for fusing steel and aluminum, a Holy Grail for auto makers looking to build more fuel efficient cars with the famously incompatible metals.
By Christoph Aublinger:
(Editor's Note: Shares of the company trade with limited liquidity as VLPNF. Investors may consider the German listing under the ticker VAS.)
There is hardly any sector that is more linked to business cycles than steel...
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