14
Jul
15:57
Covid-19 hampers some German fabricators, benefits others
Germany’s steel fabricators had to lower their production drastically during the Covid-19-pandemic lockdown. Some, however, managed to cash in on orders from countries where the lockdown was even stricter than at home, says German steel users’ federation WSM.
In April, average capacity utilisation at steel users was a mere 69%, with suppliers to the automotive industry hit decidedly higher. At some of these companies, utilisation sank under 50%, Kallan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous