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24 Oct
12:25

Danieli foresees challenging two years ahead

Danieli forecasts a global fall in steel demand for the fourth quarter as well as first half of next year, with the possible exception of India, Southeast Asia and the Middle East, Kallanish notes. In its report for the fiscal year through June 2023 (FY23), the Italian equipment maker says it is preparing “for the market downturn of the next two years or so”, but forecasts a lower impact on the specialty steel sector. Thanks to significant i…
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