17
Apr
13:53
Bowim foresees challenging sales, margins in 2024
The year ahead will be challenging for sales and margins, says Polish distributor Bowim, after 2023 saw weakening European demand and falling prices that prompted mills to limit production or shipments.
In 2023, high energy prices curbed industrial production and new investments in Europe, and therefore also steel demand, while the construction sector downturn also hit steel requirement. Persistent inflationary pressure and high interest rates exacerbated the situ…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous