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10 Mar
16:12

Klöckner expects stabilising markets, lower prices in 2023

Klöckner & Co expects global steel markets will increasingly normalise this year. A stronger demand trend in the company’s key European and US markets will bring a considerable increase in shipments compared to 2022, it predicts. Last year, the volume of shipments dropped by 4% on-year to 4.7 million tonnes, owing to a disciplined margin-over-volume strategy in early 2022, and negative macroeconomic environment in the second half, Klöckner says…
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