11
Jan
09:09
Gdp growth, euro weakness seen supporting European industry
Europe’s relatively expansionary monetary policy and steady gdp growth, along with euro weakness, are likely to support further industrial demand in 2016, according to Fitch. Regional gdp growth is seen at around 2% on-year in 2016 after 1.5% in 2015 and 0.9% in 2014.
Fitch has revised its projection for Europe Middle East and Africa (EMEA) capital goods’ average ebidta margin for 2016 slightly to 13.2% from 13.7% at the beginning of 2015. “Cos…
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Anonymous
Very good overview of the weekly steel market.
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