02
Oct
14:11
German mechanical engineering activity sinks in second half
Due to a lack of new orders, production in the machinery and plant engineering sector will shrink in the second half of 2023, Kallanish hears from German engineering federation VDMA. It expects production to decline by 2% in real terms for the year as a whole.
To date, companies in the export-oriented mechanical engineering industry are still benefiting from order backlogs that enabled production to grow by 1.7% in real terms in the first seven months of 2023. &qu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous