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02 Jan
16:53

German fabricators begin 2023 on pessimistic note

Germany’s steel and metals fabricating companies have expressed concern over order activity towards the end of the year 2022, and will carry their reservation into the new year. Order intake in the third quarter for upcoming deliveries was 5% below the preceding quarter, according to association Wirtschaftsverband Stahl- und Metallverarbeitung (WSM). While this appears logical at first sight in the wake of the Ukraine invasion, the quarter-on-quarter drop in…
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