24
Aug
10:34
EU mechanical engineering to rebound strongly in 2021
EU mechanical engineering output should rebound 10.6% on-year in 2021 and a further 3.6% in 2022, with new business investment likely to be supported by interest rates at record lows, says European steelmakers’ association Eurofer. Covid-19-linked global supply chains are expected to ease in the third quarter.
EU mechanical engineering output rebounded 3.8% on-year in Q1 2021, the first growth since Q2 2019.
The manufacturing recovery is expected to continu…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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