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13 Sep
18:51

German fabricators face 'the abyss'

Germany’s steel and metalworking sectors are deeply alarmed over the seemingly endless increase in energy prices, which threatens to profoundly disrupt the value chain. "We are in a substantial industrial crisis. Companies are cutting back on production. Every day we are losing added value that will not come back,” says Christian Vietmeyer, managing director of steel and metal fabricators federation WSM. He calls on the government t…
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