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20 Apr
14:24

Covid-19 investment aversion hurts plant builders in 2020

The coronavirus pandemic has paralysed mills’ readiness to spend money on new equipment, according to German mechanical engineering association VDMA, which represents many major companies in the metallurgical plant-building sector. These expect the lull to continue in Europe and the Americas, but are more upbeat for Asia, Kallanish hears from VDMA. The group of makers of metallurgical equipment within VDMA, which includes companies like SMS group, Primetals …
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