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10 Dec
10:50

European manufacturing PMI growth surges as 2018 beckons

Manufacturing in Europe is booming as 2017 draws to a close. This is of course good news for the steel sector and a major reason why steel prices in Europe, especially for long products such as wire rod, are surging. Wire rod is indeed the workhorse of the steel sector when it comes to manufacturing. The product and its derivatives are used widely in the automotive, construction, mechanical engineering and consumer goods’ industries.   The recent p…
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