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04 Nov
00:00

Better euro rates boost German exports, so 2015 still looks positive, says WV Stahl

Despite disappointing economic indicators from Germany in recent months, Wirtschaftsvereinigung Stahl sees no cause to adjust the “deliberately conservative” forecasts for German steel production it made earlier this year. The local steel association (WV Stahl) stands by its view that crude steel output this year will grow 1% to 43 million tonnes, from 42.6mt last year, it tells Kallanish. Moreover, the lower economic indicators are unlikely to dri…
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