08
Mar
00:00
Euro depreciation seen boosting EU producers' margins and exports
The euro’s depreciation against major currencies such as the dollar, pound or yuan should grow Eurozone producers’ margins and make European exports more competitive, which in turn could spur foreign demand, according to Moody’s.
“European steel companies engaged in the bidding process in emerging markets or Asia will also be in a more competitive position now than they were at the end of 2014 on account of the euro’s slide,&rdq…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous