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04 Mar
13:22

Bekaert sees challenging wire market ahead

Economic uncertainty continues and several end-markets remain challenging, says Belgian wire specialist Bekaert in its 2023 financial report monitored by Kallanish. However, trading in 2024 has started well across the majority of the firm’s business units, with modest sales growth and stable margins forecast in 2024. Wire markets are expected to remain “quite challenging in 2024, especially in Europe and Latin America. Capacity increases at our energy…
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