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14 May
21:25

TimkenSteel expects gradual increase in demand

Following a decline in demand and lower utilisation rates in April, US specialty steel producer TimkenSteel expects demand for long products to gradually increase during the company's second quarter, Kallanish reports. "[Automotive] plants are suggesting a gradual ramp-up to full production that could span several weeks, and that would include the impact of about one to two weeks of inventory in the supply chains for long products," says Tom Moline, …
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