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20 Jun

CMC Poland sees economic inflection point, improved profitability

CMC Poland's profitability should continue its sequential improvement in the fourth fiscal quarter through August, despite the market remaining challenging, as an inflection is emerging in the Polish macroeconomic environment, says US parent CMC. This inflection is evidenced by meaningfully lower inflation, faster GDP growth, improved residential construction activity, and increased government sponsored investment, the steelmaker adds. In the May fiscal quart…
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