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24 Oct
12:05

Moody’s sees European steel sector outlook as stable

Moody’s is keeping its outlook for the European steel sector stable, with steel demand growing this year and the next. The share of imports in the market however is also increasing, the ratings' agency says in a report sent to Kallanish. Moody's expects steel demand in Europe to grow 2% year-on-year in 2017 and a further 1.5% y-o-y in 2018. “Momentum in the first half 2017 was stronger than we expected due to better demand…
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