20
Mar
16:21
German automotive suppliers feel pressure from sector slowdown
German steel-using companies active in the automotive supply chain are raising awareness that the current shutdown of carmakers threatens the existence of the German supply industry. Last week, VW, Daimler and BMW announced halts in production of at least two weeks in Germany and other countries (see Kallanish 19 March).
The expected production interruption of several weeks will lead to liquidity bottlenecks for a large number of supplier companies to the automoti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous