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18 Mar
13:57

Klöckner’s Americas optimism fails to extend to Europe

Klöckner & Co is less optimistic about the outlook for the European market than for North America, which is expected to perform strongly. The steel distribution group said in its annual results presentation last week that it expects “considerably stronger demand in its key European and North American markets,” in 2024. This contradicted the dim outlook given by many European players for demand and consumption in Germany and its neighbouring ma…
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