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25 Nov
16:46

German fabricators catch up on production

Steel and metal processing companies in Germany increased production by 20% on-quarter in the third quarter, according to their association, Wirtschaftsverband Stahl- und Metallverarbeitung (WSM). The association speaks of a “…rapid recovery” from the preceding production trough caused by the coronavirus impact. Compared with 2019, production was still -10.6% down in Q3 and down -15.7% in the nine months through September. In Q4 it should be p…
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