21
Feb
11:17
German mechanical engineering starts year with full books
Germany’s mechanical engineering sector saw an “extraordinarily strong recovery” last year, and has started 2022 with an above-average order backlog, according to its association, VDMA.
After the first year of the pandemic, characterised by significant declines in orders, mechanical engineering companies recorded a real order growth of 32% on-year in 2021. Domestic orders increased by 18% and foreign orders by 39%. Adjusted for prices, incoming o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous