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11 Apr
15:24

German federation voices concern over worldsteel outlook

Germany’s steel demand will not gain noteworthy momentum before 2025 and will lag the economic recovery of other regions, says national steel federation WV Stahl in a statement seen by Kallanish. The statement arrives in reaction to the latest short range outlook by the World Steel Association (worldsteel) that was published earlier this week. It forecast a minor recovery this year, mainly owed to the restocking cycle. But even the stronger rebound of demand…
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