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06 Nov
11:25

Europe's steel crisis to persist: Eramet

In the last quarter of this year global steel production should decline mostly due to a seasonal effect while rising interest rates will continue to impact the construction sector, French miner Eramet says in its Q3 financial report monitored by Kallanish. In the second half of the year global steel output should remain stable year-on-year driven by Indian consumption. A significant production decline in Europe is expected for the whole of 2023. Against this backd…
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