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03 Sep
16:59

German steel users lower 2019 production forecast

Production at German steel and metal processing companies in the first half of the year was down -2.4% on-year, Kallanish learns from steel users federation Wirtschaftsverband Stahl- und Metallverarbeitung (WSM). Since April, the number of employees in the industry has also been declining, after years of increasing employment. WSM has therefore lowered its production forecast for 2019 from 2% growth to "…stable at best.” The federation does not…
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