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Austria's Voestalpine on track to hit earnings forecast


Austrian steelmaker Voestalpine is on track to hit earnings before interest and tax (EBIT) of about 800 million euros ($1.03 billion) for 2012/13, up from 704 million last year, Chief Executive Wolfgang Eder said.

"There were some question marks on whether we can keep the 800 million level. I think there will be no negative surprises," Eder said on Thursday