06
May
15:21
Germany's S+B sees cautious recovery interrupted by Covid-19
Although the start of the 2020 fiscal year for SBQ steel maker Schmolz+Bickenbach was marked by a low-level recovery from a trough, the coronavirus crisis has left a big dent in volumes and prices.
As of mid-March, the Swiss-German group suffered an abrupt collapse in demand from the complete shutdown of all business activities of major European automobile manufacturers and their suppliers. “From our current perspective, we do not expect a gradual norma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous