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12 Mar
14:37

Voestalpine, S+B underplay Section 232 threat

Austria and Switzerland’s main steelmakers, voestalpine and Schmolz+Bickenbach group, say that duties imposed by order of US president Trump on steel imports would hurt only 3% of their direct sales of products made in Europe. In S+B’s case, this affects mostly speciality products from Deutsche Edelstahlwerke in Germany and Ugitech in France. “Many mills in the USA are not able to make the products we supply, so our customers would have to pay …
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