Industry News

AMAG Austria Metall AG surpasses economic challenges, reports improved EBITDA and market agility

Views : 395
Update time : 2024-10-31 16:07:19
AMAG Group demonstrated remarkable resilience in Q3 2024 despite the ongoing economic challenges in Europe, achieving 8 per cent year-over-year growth in EBITDA. The Metal Division maintained a strong earnings performance across the first three quarters, underscoring the Group's stability in a fluctuating market.

The Casting Division saw earnings fall short of last year, but overall quality remained strong despite persistent headwinds in the automotive industry. Meanwhile, the Rolling Division capitalised on market opportunities, demonstrating remarkable flexibility that helped mitigate volume and price pressures in the current reporting period.

Related News
Read More >>
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Feb .26.2026
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Feb .26.2026
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Feb .26.2026
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Taiwan’s Tang Eng ups stainless steel prices for Mar Taiwan’s Tang Eng ups stainless steel prices for Mar
Feb .26.2026
Taiwan’s Tang Eng ups stainless steel prices for Mar