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11 May
12:09

Italy market outperforms neighbours, inflation remains problem: Gozzi

Steel sales, which are an economic cycle indicator, are currently performing better in Italy than in France or Germany, according to Duferco Italia president Antonio Gozzi. “When the cycle slows, steel demand slows and we are in a weaker phase, but I am not at all pessimistic,” Gozzi told Kallanish on the sidelines of this week’s Made In Steel tradeshow in Milan. Inflation however is being stubborn. “Interest rates at 5% reduce investment…
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