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23 Sep
01:00

WVStahl economist sees 3% growth in EU steel demand

European steel demand should grow by roughly 3% this year, marking its first improvement in three years, notes Martin Theuringer, chief economist with German steelmakers’ association, WVStahl. However, the 3% – while an encouraging sign – is from a very low start-point, he cautions in a German televised interview. "Europe’s steel market recovery set in during the second half of 2013 and continued into 2014, despite the headwind f…
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