Hints and tips:
...Shares in ArcelorMittal gained more than a quarter, while Voestalpine was up by some 30 per cent and Salzgitter 40 per cent....
...Voestalpine, which reported on Wednesday that it was seeing signs of stabilisation in steel demand, rose 4.6 per cent to €31.92....
...It includes utilities Endesa and Veolia Environnement, engineer Alstom, steelmaker Voestalpine and telecoms groups Vivendi and Telecom Italia....
...Paris-listed ArcelorMittal and Austria’s Voestalpine were among the heaviest losers, down this week by 14.1 per cent to €11.47 and 14.8 per cent to €21.04 respectively....
...Austrian steelmaker Voestalpine climbed 1.4 per cent to €38.64 after saying it expected a “clear improvement” in sales for its 2011-12 financial period, above €11bn....
...Hundreds of other groups are dependent on the car industry, including Voestalpine, the steel group....
...Austrian steelmaker Voestalpine’s shares rose 1.2 per cent to €20.88 as the company declared it would stick to its full-year outlook on signs that demand and prices were stabilising....
...Austria’s VoestAlpine gained 5.6 per cent to €13.95....
...Voestalpine fell 7.5 per cent to €10.35, and Norsk Hydro shed 3.8 per cent to NKr22.70....
...ArcelorMittal gained 10 per cent to €20.06, while Voestalpine, its Austrian steelmaking peer, rose 11.4 per cent to €17.50....
...Spain, Sweden and Belgium; Rolls Royce, the UK jet engine manufacturers, planned to cut 2,000 jobs worldwide; Sandvik of Sweden, the world’s largest manufacturer, announced that it was axing 2,300 jobs; Voestalpine...
...Austrian steelmaker Voestalpine fell 7 per cent to €17.01, while Germany’s Salzgitter was 6.2 per cent lower at €48.76 and France’s ArcelorMittal dropped 3.8 per cent to €17.80....
...French miner Eramet rose by 5.2 per cent to €115.72, while Austrian steelmaker Voestalpine rose 9.2 per cent to €15.88....
...In Germany, Salzgitter rose 14.5 per cent to €45.39 and Austria’s Voestalpine climbed 13.2 per cent to €14.54. Oil companies rallied in line with crude prices, which rose more than $4 to $55....
...Even the steel group Voestalpine derives the bulk of its revenue from car producers. Austrian car parts suppliers rake up annual sales of €32bn ($39.8bn) and employ 140,000 workers....
...Voestalpine , the Austrian steelmaker, leapt 27.2 per cent to €23.41, boosted by investors covering their short positions....
...In Germany ThyssenKrupp retreated 15.5 per cent to €34.33, Salzgitter shed 15.3 per cent to €102.4 and Austria’s Voestalpine lost 12.7 per cent to €44.54....
...Austria’s Voestalpine slid 1.6 per cent to €45.68 and Germany’s Salzgitter lost 0.9 per cent to €101.76. Aluminium maker Norsk Hydro fell back 6.6 per cent to NKr67....
...Austria’s Voestalpine rose 3.9 per cent to €50.70 catching up with gains by other metals stocks on Monday, when the Austrian stock exchange was closed for a public holiday....
...Steelmakers were buoyant with Austria’s Voestalpine up 11.4 per cent to €54.36, and ArcelorMittal rising 5.9 per cent to €64.38, while French steel tubemaker Vallourec rose 8.2 per cent to €193.15....
...Voestalpine , the Austrian steelmaker, added 3.1 per cent to €46 and rival ArcelorMittal rose 2.4 per cent to €54.75, while Sweden’s SSAB gained 1.5 per cent to SKr165.5....
...Austria’s Voestalpine gained 0.4 per cent to €53.03, while Germany’s Salzgitter rose 0.7 per cent to €133.38 and Norwegian aluminium producer Norsk Hydro added 1.8 per cent to NKr83.40....
...Industrial metals were tarnished with Sweden’s SSAB B-shares down 4.2 per cent to SKr139.50, Austria’s Voestalpine down 3.1 per cent to €42 and Germany’s Salzgitter down 2.6 per cent to €94.45....
...Metals groups regained their gleam with France’s ArcelorMittal rising 1.3 per cent to €49.56, Austria’s Voestalpine up 0.4 per cent to €47.10, and Norwegian aluminium producer Norsk Hydro jumping 2.7 per...
...Austria’s Voestalpine fell 6.2 per cent to €49.6 after it was rated at “sell” by Goldman and had its target price lowered by Deutsche Bank....
International Edition