Reuters quoted Mr Wolfgang Eder CEO of Austrian steel group voestalpine as saying that it is sticking to its outlook for 2012-13 operating profit to come in near last year's underlying EUR 900 million despite weak demand in practically all major market segments.

Mr Eder said that "From today's point of view that is still the most likely assumption." He added that the group was running at near full capacity and he did not expect that to change for the rest of the year.

Source - Reuters

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