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04 Oct
17:51

German fabricators see orders declining

Production at Germany’s steel-using industries dropped in the second quarter – the first period marked by the war in Ukraine, and more recent order intake figures suggest low activity going forward. In the second quarter, companies produced 2.1% less than in the first quarter, and 2.7% less year-on-year, according to industry federation WSM. The first half-year in total saw orders decline by 1.5%. At the MBI Stahltag conference last week, WSM managing …
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