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20 Nov

German fabricators deepen pessimism, launch image campaign

Production at Germany’s steel and metal processing companies fell by 2.9% in the third quarter compared to Q2, according to their association, WSM. This is the second decline in a row, meaning that the industry is in a recession, WSM states. The previous year's figures were not reached for the third time in succession, Kallanish learns from the association. In the nine-month period from January through September, production fell by 2.6% year-on-year. Th…
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Christian Koehl  |  Germany
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