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04 Oct
14:22

EU plate market not seen reviving soon

Northwest European plate market observers believe it will take well into next year for a serious recovery in demand to occur. “There will be a recession until summer 2024,” one central German buyer predicts to Kallanish. He points to infrastructure project development coming to a halt. “Whatever is not in pre-development now will not be kicked off until March,” he says, referring to offshore pipelines, wind parks, and liquid petroleum gas c…
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