Austrian steel and technology group Voestalpine has seen its profits slump, hit by weaker demand in Europe, falling prices and write-downs. Net profit after taxes fell by 82% to €207 million ($225 million) in the business year 2023/2024, the company said on Wednesday. The market in Germany in particular has not developed especially well, said Voestalpine boss Herbert Eibensteiner. The planned sale of the German subsidiary Buderus Edelstahl meant a write-off of €360 million, he said. Overall, however, the company is very solid and expects earnings before interest, taxes, depreciation and amorti…