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04 Feb
17:12

EU construction growth to slow in 2020

EU construction output growth is forecast to slow to 0.8% on-year each in 2020 and 2021, after expected growth of 3.8% in 2019, according to European steelmakers’ association Eurofer. The expected slowdown in 2020 is mainly due to demand-related factors such as weakening economic fundamentals and a general cooling of market dynamics after several years of strong growth. The construction industry will nevertheless continue to outperform other steel-using…
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