11
May
16:25
Thyssenkrupp sees some slowdown of strong market
After two quarters of increasing sales and orders in its first fiscal half-year through March 2021, thyssenkrupp remains upbeat for the overall economy this year, but sees the momentum throttled currently.
The share of the automotive industry is relatively high for the group’s steel sales, with more than half of output sold on long-term contracts. Hence, it does feel repercussions of production breaks at carmakers due to the global shortage of semiconductors…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous