08
Nov
15:03
Carmakers‘ purchasing pause is temporary, S+B believes
As other steelmakers have highlighted in their interim reports, Schmolz+Bickenbach says it has been affected by the slowing of production at carmakers, caused by the Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
However, ceo Clemens Iller believes that this is a temporary interruption, and maintains that the company is optimistic for 2019 in this respect. Some 20,000 tonnes of material has not been called off however, and this is still sitting i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous