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08 Feb
17:03

German fabricators cautiously forecast growth

Germany’s steel and metals fabricators see a light on the horizon, “albeit a dim one because we have to carry a heavy load of costs”, says their federation, WSM. According to figures from the federal statistics office, the sector’s production value in 2021 was 10.4% higher than in 2020, but 3.5% lower than in the pre-pandemic year of 2019. Last year, a better recovery from the Covid-19 shock was prevented by the material shortage that hit c…
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