06
Nov
16:19
German fabricators regain optimism following initial pandemic shock
The economic impact of the coronavirus caused a -19.1% on-year drop in first-half-of-2020 production in Germany’s steel and metal working industries.
According to their association, Wirtschaftsverband Stahl- und Metallverarbeitung (WSM), the second quarter saw a relative recovery. While production in April was down -35.5% year-on-year, the difference by July had reduced to -16.7%, meaning a 25% rebound, WSM chief economist Holger Ade points out.
This develo…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous