09
Aug
14:20
German mechanical engineering remains strong despite gloomy mood
Germany’s mechanical engineering industry did not fare too badly in the first half of the year, although the war in Ukraine has spurred a negative sentiment in more recent months.
H1 order books showed a small overall increase of 2%, which was mainly driven by foreign orders. “Many customers still wanted to invest in new machines and plants, although there is increasing reservation,” says Ralph Wiechers, the chief economist of industry federation…
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Anonymous
Very good overview of the weekly steel market.
Anonymous