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30 Oct
08:38

Automotive could rebound next year: Eramet

A rebound could take place as early as next year in the automotive sector, says French miner Eramet in its third-quarter financial report monitored by Kallanish. The collapse of the aerospace sector and the steep downturn in the automotive sector continued to weigh heavily on the High-Performance Alloys division in Q3. The automotive industry, which accounts for nearly half of French subsidiary Erasteel’s sales, remained very depressed over the quarter, with…
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